Stockbrokers.com takes a look at first quarter earnings from the online broker sector. Which companies surprised and which disappointed? Here is the quarterly review.
TD Ameritrade reported earnings that were in line with analysts estimates on Tuesday. DARTs were once again the weak spot, while asset gathering continued to be a major strength.
Today the NYSE Euronext (NYX) launched mini option contracts.
At launch mini options area offered on Apple (AAPL), Google (GOOG), Amazon (AMZN), the SPDR Gold Fund (GLD), and the SPDR S&P 500 Fund (SPY).
2012 was a difficult year for the online brokers due to reduced trading levels. The fourth quarter saw some specific winners and losers, but as a whole it was a tough quarter for this sector. This is a look at the 2012 4th Quarter Earnings results from online brokers.
TD Ameritrade reported earnings on Tuesday. The company managed to beat analysts estimates solidly, but profits edged down compared to a year ago.