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EZ2

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EZ2

Re: capgain post# 82639

Monday, 10/24/2016 7:54:21 AM

Monday, October 24, 2016 7:54:21 AM

Post# of 90877
The Wall Street Journal

News Alert

TD Ameritrade to Acquire Scottrade for $4 Billion

TD Ameritrade Holding will buy Scottrade Financial Services in a $4 billion deal, combining two leaders in the retail market for the buying and selling of stocks as the landscape for stock picking continues to lose favor to index investing.

Both companies helped bring low-cost stock trading to small-time investors and away from the exclusive world of brokerage that existed before.

The combined company will have 600,000 average client trades a day and $944 billion in client assets.

See More Coverage » WSJ

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