_ Trading volume on the Tokyo Stock Exchange’s First Section in September hit an all-time high of 54.61 billion shares on a monthly basis due to active trading by Internet-based individual investors, TSE figures showed Friday.
WebMD Health Corp. got off to a rousing start Thursday, soaring in value by nearly 40 percent in its first day of trading after an initial public offering.
A Canadian regulator on Thursday said it dismissed insider stock trading charges filed against two hedge fund managers as part of a broad investigation into alleged short-selling abuses.
The online brokerage world continues to consolidate at breakneck speed as E*Trade announced its third acquisition in two months, saying it would buy BrownCo from JPMorgan Chase & Co. in a deal worth US$1.6 billion. The all-cash deal will give E*Trade access to a wealthy and active customer base, perhaps the most sought-after commodity in the online stock trading space today.
E-Trade will pay $1.6 billion to buy the trading site from JPMorgan Chase.
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