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August 17, 2008

NEPSE up 9 pts

After weeks of double-digit growths, the stock market slowed down slightly, with its index registering a growth of 9.25 points to end at 1,084.76 points on Thursday, the last day of stock trading.

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E*Trade Taps Chairman for CEO Post

Online brokerage E*Trade has named Donald H. Layton as its new chief executive officer, giving the financial services industry veteran the task of stemming a stock price drop and finding profitable growth opportunities. Layton had served as chairman of E*Trade's board since last November, when he came on board in connection with a $2.5 billion cash infusion the company took to help it handle

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The Risky Business of Online Stock Trading

Online securities trading was a big fad a few years ago, but some of the major players disappeared from the scene after the dot-com fallout. However, many do-it-from-home traders cannot resist the Internet's speed and convenience, and there are still plenty of firms to accommodate them.

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Citigroup plans electronic stock-trading network

Citigroup plans electronic stock-trading network

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