com), a deep discount brokerage
offering an industry leading online trading platform.
announced today it has signed a definitive agreement to sell BrownCo, its online deep discount brokerage
business, to E*TRADE FINANCIAL for a cash purchase price of $1.
Established in 1980, Scottrade is a leader in the deep discount brokerage
Brown & Company, the deep discount brokerage
unit of J.
com), a leading online deep discount brokerage
firm; Accutrade, Inc.
The company's OMS (Order Management System) software is currently being used by over 600 brokers at one large New York firm, and its Internet application, E-TRAN, is being used by two national deep discount brokerage
firms to allow customers to place trades and access account information through the Internet.
As a result, their commissions are heftier than discount and deep discount brokerages
Scottrade is one of the leading deep discount brokerages
in the US, with over 120 offices nationwide, as well as Scottrade.