ADVFN - Advanced Financial Network.
HOME» NASDAQ » E » ETFC Stock Price » ETFC Stock News

E*trade Financial Share News

 E*trade Financial (mm) Stock Price
ETFC Stock Price
 E*trade Financial (mm) Stock Chart
ETFC Stock Chart
 E*trade Financial (mm) Stock News
ETFC Stock News
 E*trade Financial (mm) Company Information
ETFC Company Information
 E*trade Financial (mm) Stock Trades
ETFC Stock Trades

SEC Extends Review Of NYSE Retail Trading Proposal By 60 Days

By Jacob Bunge Of DOW JONES NEWSWIRES U.S. stock-market regulators will take another two months to review a proposal by NYSE Euronext (NYX) that would allow the exchange group a new way to compete for retail investors' trading business. The Securities and Exchange Commission on Friday extended by 60 days its review of the proposed NYSE program, which would see the Big Board parent compete for individual investors' orders by using some of the same methods as the banks and trading firms that currently execute many of those trades. An SEC spokesman confirmed the extension Friday. NYSE Euronext originally submitted the program last fall, seeking to separate out stock orders coming from retail brokerage firms and make them eligible to receive improved prices on their trades. The exchange operator proposed to allow market makers and other traders to offer prices that improved upon the going market rate by as little as a tenth of a cent. The proposal drew protest from banks and trading firms, who warned that allowing share prices to move to finer increments risked destabilizing those prices, because liquidity would be stretched out across a wider range of potential prices. A handful of firms currently dominate the facilitation retail investor orders, including Knight Capital Group (KCG), UBS AG (UBS) and Citigroup Inc (C). Such firms pay fees to retail brokers in return for the first chance to trade their customers' orders. The firms also can choose to provide more competitive prices than may be available on the public markets. If orders are unfilled by such firms, they are often sent on to rival trading houses or private stock markets known as dark pools where they may be filled before winding up on an exchange. Exchange operators have complained that the process has minimized the presence of retail-level trading on their markets. Individual investors' orders are prized by faster-moving firms that can pocket profits by rapidly turning over the shares, while retail traders typically hold their investments for a longer period of time. -By Jacob Bunge, Dow Jones Newswires; 312-750-4117; jacob.bunge@dowjones.com

Stock News for E*trade Financial (ETFC)
DateTimeHeadline
12/07/201608:06:45Current Report Filing (8-k)
12/01/201616:05:00E*TRADE to Host Scottsdale Education Day
11/30/201608:05:00E*TRADE Financial Corporation Announces Upcoming Speaking Engagement
11/16/201617:11:57Statement of Changes in Beneficial Ownership (4)
11/16/201616:05:00E*TRADE Study of Experienced Investors Bucks the Traditional...
11/14/201608:05:00E*TRADE Financial Corporation Reports Monthly Activity for October...
11/03/201617:09:20Statement of Changes in Beneficial Ownership (4)
11/03/201616:58:41Quarterly Report (10-q)
11/01/201616:05:00E*TRADE Financial Corporate Services, Inc. Earns Top Ratings...
10/27/201616:31:38Current Report Filing (8-k)
10/21/201609:39:00U.S. Hot Stocks: Hot Stocks to Watch
10/20/201616:50:00E*Trade Swings to Profit on Benefits From OptionsHouse Deal
10/20/201616:31:59Current Report Filing (8-k)
10/20/201616:05:00E*TRADE Financial Corporation Announces Third Quarter 2016 Results
10/17/201616:05:00E*TRADE Study Reveals Investors Are Optimistic Despite Uncertainties...
10/06/201608:05:00E*TRADE Financial Corporation Announces Third Quarter 2016 Earnings...
09/28/201610:40:00Nationwide to Acquire Annuities Company Jefferson National
09/27/201616:05:00E*TRADE Study Reveals the Emotional Drivers Behind Using an Online...
09/14/201617:03:53Statement of Changes in Beneficial Ownership (4)
09/14/201617:03:53Statement of Changes in Beneficial Ownership (4)

E*trade Financial and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US