When it comes to stock trading, New York is only the third greatest city in the world because of its steep taxes and hefty real estate prices, according to the latest issue of Trader Monthly magazine. New York trailed the top city, Chicago, and London, although the three were neck-and-neck, a senior editor at the magazine, Rich Blake, said. “Real estate crushed London, but it was taxes that
Its prices low enough to spur more stock trading among its existing customers and attract new customers prices contributed to Schwab's busiest quarter of stock trading in four years
Instinet will fetch $1.8 billion
Nasdaq and the private investors, led by Silver Lake Partners, a California investment firm, planned to announce the deal soon, the executives said.. its own operations or through smaller purchases.. Stock trading is a business that requires scale and is suffering
BofA to Give Free Stock Trades to Some Clients
The Net-only offer hurts the stocks of Web-based brokerages, but they might not follow suit.
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