Posted on 08/04/03
Ameritrade will be tough on-line competitor
Things just keep going from bad to worse for on-line brokers.Investors are spooked, trading volumes are falling ever lower and there are way too many mediocre players butting heads with each other (sounds like the mutual fund business). Into this toxic mix comes a new irritant -- the emergence of a Canadian branch of the big U.S. on-line broker Ameritrade.
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