(September 11 – 10:00 ET) – E*TRADE Group Inc. says that it has been ranked the top global Internet broker out of 50 online brokerages analyzed by Lafferty Internet Ratings.
E*TRADE scored 57 out of a maximum possible 60 points and earned a top 5-star rating for its “state of the art website for financial services delivery,” states the LIR report found at www.lafferty.com. Schwab and Fidelity tied for second place with 55 points each.
E*TRADE was found to offer the best range of features among online brokerages including fast electronic settlement, real-time quotes from multiple exchanges as well as information feeds, personalized portfolio tracking and e-mail alerts, and high-level equity research. LIR says E*TRADE is “poised to become the first global online retail trading network” as a result of its acquisition of TIR Holdings, a Dublin-based company offering multi-currency securities execution and settlement services.
Christos Cotsakos, president and CEO of E*TRADE says, “E*TRADE started the roll out of global cross border trading in May of this year and intends to eventually link the top twenty markets in the world, making trading in international equities an affordable reality.”
On August 28, E*TRADE completed the acquisition of VERSUS Technologies, the owner of the E*TRADE Canada licence.
-IE Staff