Home Archive for category "broker news"

eOption Has A New Clearing Firm

Published on May 9, 2013 by in broker news, eOption

Effective June 7, eOption is changing clearing firms to FirstSouthwest Company. Not sure what a clearing firm is and why it matters? Read our stock broker clearing firm overview here: Stock Broker Clearing Firms

Comments Off   

Commission Free ETF News

  We have updated our commission free ETF list with the lastest funds.  Of note, Scottrade dropped their commission free ETF program while Schwab greatly expanded theirs.  Go here for the full details: Stock Broker Commission Free ETFs

Comments Off   

ShareBuilder Trading Commissions

ShareBuilder has announced that as of March 1st, stock and options trading commissions are changing.  Here is how ShareBuilder describes those changes… Which trade prices are changing? Our online trade and options prices. Online trades: You’ll now pay $6.95 when you execute a trade of stocks or exchange-traded funds (ETFs) on or after March 1, 2013.

Read More…

Comments Off   

TradeKing / Zecco Merger Has Closed

On May 15th, TradeKing and Zecco announced their intention to merge. This week the merger officially closed. It was announced that the new combined entity will eventually be named TradeKing, discarding the Zecco name in the process. The company has stated that they are taking on the TradeKing name because the Zecco name was initially

Read More…


Zecco / TradeKing Merger

Published on June 10, 2012 by in broker news

Last month, TradeKing and Zecco announced that they were merging. You can watch the announcement video featuring TradeKing CEO Don Montanaro and Zecco CEO Mike Raneri here: I rate both brokerages well so my initial thoughts were that the merger can possibly result in a combined company that is even better. If the end result

Read More…


Penson is now Apex Clearing

Published on June 9, 2012 by in broker news

In case you missed it, last week Pension Financial Services announced that they were being acquired by Apex Clearing. On Tuesday, June 5th, it was announced that all customers accounts were officially transferred to Apex. Apex Clearing began operations on June 6th, handling execution and settlement services to approximately 230 U.S. based securities correspondents and

Read More…