E-Trade: Difference between revisions

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'''E*TRADE''' {{nyse|ET}} is a [[financial services]] company. Its full name is E*TRADE FINANCIAL Corporation. It is a holding company primarily known as an [[online]] [[stock broker|discount stock brokerage]] serving self-directed investors, many of whom are [[day trading|day traders]]. As a discount brokerage, it charges a smaller fee on each trade. Investors can buy and sell [[stock]]s, [[bond]]s, [[option]]s, [[mutual fund]]s, and [[exchange-traded fund]]s on E*Trade's website, www.etrade.com.
 
E*Trade is publicly held and its stock is traded on the [[New York Stock Exchange]] (NYSE) under the symbol ET. It was founded in 19921982 by [[William A. Porter]] as Trade Plus in [[Palo Alto, California]]. In 1992 it became E*Trade. And the following year it debuted on [[CompuServe]] as an online trading service. Its subsidiaries include [[E*Trade Securities]] LLC, [[E*Trade Bank]] and E*Trade Clearing LLC. In 2005 E*Trade Financial acquired [[Harris Direct]], formerly a discount brokerage service of [[Bank of Montreal]], and BrownCo, formerly a discount brokerage service of [[JPMorgan Chase & Co.|J.P. Morgan]].
 
E*Trade is regulated and licensed by the [[National Association of Securities Dealers]].