With an eye to its global ambitions, E*TRADE Group Inc. Wednesday invested in The European Association of Securities Dealers Automated Quotation (EASDAQ).
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Stephen Richards, senior vice president of electronic trading strategies for E*TRADE, will join EASDAQ's International Advisory Board. EASDAQ, the only pan-European stock market, says it maintains its objectivity by garnering support from a range of international shareholders.
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E*TRADE (EGRP) is calling the investment another step in its strategy to grow emerging exchanges, such as electronic communications networks, as part of its plan to bring individual investors into an international trading system.
"We view this investment as a natural progression in our global strategy to leverage our all-electronic model and expand E*TRADE's brand internationally," said Richards. "EASDAQ is an example of an electronic
platform that we believe will exemplify the industry's future direction."
Common Sense Forecaster: November 2007:: In exchange, future profits from those assets will flow abroad instead of staying home. of England today joined the European Central Bank and the Federal http://commonsenseforecaster.blogspot.com/2007_11_01_archive.htmlHOME | Canadian Financial Network:: The new partnership is called E*TRADE CanadaVERSUS Brokerage Services Inc. many years of New York Stock Exchange member firm experience, with expertise in http://www.canadianfinance.com/cgi-local/database.cgi?category=06&start=103&listings=87HOME | RiskBlog (tm) / Business Risk Blog::: CNP invests in other European companies, with an investment portfolio divided Limited (F&C) is a leading pan-European asset manager and currently manages http://blog.riskblog.com/2006/11/risk_blog_a_ris.htmlHOME |
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