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Online Trading News Archive

03-Dec-2008

 

(AFX UK Focus) 2008-12-01 18:10 Online traders fled market in November-analyst (Interactive Investor)
NEW YORK, Dec 1 (Reuters) - U.S. online brokerages are likely to report a 12.5 percent drop in trading activity in November, Sandler O'Neill analyst Richard Repetto said on Monday, underscoring increased volatility that has spooked investors. The analyst expects Charles Schwab Corp, TD Ameritrade and E*Trade Financial to report a 20 percent drop in daily average revenue trades, or DARTS -- ...

Scottrade Opens Local Online Investing Branch in Lincoln, Neb. (Centre Daily Times)
Scottrade , a leading branch-supported online investment firm, is opening its first Lincoln, Neb. branch office. The branch, located at 4141 Pioneer Woods Drive in the Pioneer Woods Center, opens on Monday, Dec. 8 and will be managed by Lincoln-area native Dan Cloeter.

China's first state-level rice trading center to be set up in Wuhan (People's Daily)
It is learned from the municipal government of Wuhan that the Wuhan National Rice Trading Center, covering an area of 2,000 mu and with an investment of over 3.7 billion yuan, recently started construction in the Yangluo Economic Development Zone in Xinzhou District, Wuhan. This is China's first state-level rice trading center. Upon completion it is expected to have an annual trade volume of 10 ...

For Online Gaming, Hard Times Mean Good Times (Forbes)
China's economic slowdown may be creating fewer jobs, but it is producing more online gamers.

P1, eBay push online trading (The Star)
WIMAX (Worldwide Interoperability for Microwave Access) connectivity provider, Packet One Sdn Bhd (P1) has partnered with popular e-commerce site eBay on several initiatives to enable local entrepreneurs to better conduct e-commerce.

Japan Stock Futures Rise in U.S. Trading; Toyota Shares Advance (Bloomberg)
Dec. 3 (Bloomberg) -- Japanese stock futures rose in U.S. trading as central banks in Asia and North America took up steps to stem the economic slump.

Sector Snap: Online retail sales (AP via Yahoo! Finance)
"Cyber Monday" sales were lackluster, amid an overall weak retail environment, and stepped-up online promotions are likely to continue from many retailers, an analyst said Tuesday.

Zavvi suspends online trading (Mad.co.uk)
Zavvi.co.uk has suspended sales after its distribution partner Entertainment UK went into administration last week. The Woolworths-owned distribution company was the fulfilment partner for CDs, DVDs and games for the online entertainment brand.

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