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From the category archives:

News

Is Zecco Unethical?

BrokerSense reader Tony posted the following comment in response to my page on Zecco:
While everything you said about Zecco is true, I am quite miffed at them for their “bait and switch” tactic that lured a lot of small investors to them before they “changed their model.” Zecco started out with unlimited no-commission trades. Too [...]

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Thinkorswim on a Mac

I am one happy camper – I just bought my first Apple (AAPL) Mac!
My new baby, which will be named something hot like Carmen or Estella, is a lightly-used early-2008 Macbook. It’s also a beast!
My last notebook was a Hewlett-Packard (HPQ) laptop, and it was a dog. Nothing against HP – in fact, I give [...]

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Schwab Says Financial Advisors Want to go Indie

Charles Schwab (SCHW), which is big on surveys, just released the results of a brand new one:

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Schwab Launches Commission-Free ETFs

Now this is an interesting twist to the ETF game – Charles Schwab (SCHW) is launching 8 new exchange-traded funds (ETFs) that are commission-free for Schwab customers.
Here are the names and symbols of the four that begin trading today:

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OptionsXpress Adds Features for Active Traders

OptionsXpress (OXPS) announced some additions to its software platform today to meet the needs of active stock and options traders.
First, the company added real-time, streaming updates for options chains within web browsers. I wasn’t aware optionsXpress’ platform didn’t have this functionality, but it is definitely a plus. Options prices can change a heck of a [...]

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Out of OptionsXpress

Just an FYI – I sold my long stock position in online broker optionsXpress Holdings (OXPS). I’ve been cutting back on long exposure in my portfolio as of late and I’m also concerned about a slowdown in the options business.
Plus, I’m increasingly worried about heightened levels of competition within the online brokerage industry. There are [...]

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Mobile Trading Boosts OptionsXpress

There’s been some debate on the usefulness of mobile trading applications, but one thing is for certain – it’s good for the online brokerage business.
OptionsXpress (OXPS) CEO David Fisher appeared on Jim Cramer’s Mad Money television show yesterday, saying the following about its OX Mobile trading program:

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New Site Feature – Online Broker Comparisons

A lot of people ask me questions like, should I trade with Fidelity or Charles Schwab? TradeKing or OptionsXpress?
In fact, I’ve been asked these questions often enough that I added an Online Broker Comparison page to the site. This section of the site should be considered to be under serious construction, but eventually, I’d like [...]

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