The online trading industry continued its summer of transformation this week, as E*TRADE announced an agreement to acquire direct brokerage Harrisdirect. The acquisition will give E*TRADE access to a fresh crop of mass-affluent investors — a segment the firm has been particularly successful with to date. Long-term, Forrester expects E*TRADE's success at selling deposit and loan products to draw more big banks into the direct brokerage industry.
This is an excerpt
Buy Risk-Free
Price: US $199
Our Service Guarantee: If you are not completely satisfied with this document, notify Forrester within 24 hours of purchase for a full refund.
Already a Forrester Client? Log in to read this document.