Cash deal with E*Trade worth US$1.6 billion
Restructuring of direct investment industry gives larger firms an advantage
BMO InvestorLine operations not affected
Interactive voice response system to launch this fall
Competition offers $10,000 grand prize
Discount brokerage reports 10% drop in Q2 earnings
AIM Trimark, Elliott & Page first to participate in new program
Clark dismisses revival of E*Trade deal
Parties unable to agree on terms