Atwec Technologies Inc (ATWT)

[LC-GATOR]

Bank of America rattles e-brokers with free trades

PrintE-mailDisable live quotesRSSDigg itDel.icio.usBy Greg Morcroft, MarketWatch
Last Update: 2:25 PM ET Oct 11, 2006


NEW YORK (MarketWatch) -- Bank of America Corp.'s decision to offer free online stock trades to certain customers spooked investors Wednesday and sent online brokers' share prices lower, but executives and analysts said that the move is unlikely to spark a price war like those seen in years past, or to cut too much into the business of more-established online firms.
The Charlotte, N.C.-based commercial bank (BAC : bank of america corporation com
News , chart, profile, more
Last: 53.80-0.83-1.52%

2:43pm 10/11/2006

Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:
53.80, -0.83, -1.5%) said that customers who are self-directed investors with combined deposit balances of at least $25,000 will be eligible for the commission-free trades.


I thought it was $25,000


Pete