Just wondering whether the Brit E*Trade crowd knows of QT. Prob they'll get
bombarded with Think or Swim, StrategyDesk offerings.
Schwab is still out there as a takeover alternative unless ETFC goes to 0.25 and ATD scoops it for penny on the dollar in Bk.
http://www.tradingmarkets.com/news/stock-alert/etfc_et_td-waterhouse-to-acquire-e-trade-s-online-brokerage-accounts-in-uk-738185.html TD Waterhouse to acquire E*Trade's online brokerage accounts in UK
Posted on: Fri, 29 Jan 2010 08:57:12 EST
Jan 29, 2010 (Datamonitor via COMTEX) --
TD Waterhouse, an online broker in the UK, has agreed to a deal to acquire the UK customer base of E*Trade Securities Limited UK's online brokerage accounts following E*Trade Financial's decision to focus its international business on the US cross border product offering for global investors.
According to TD Waterhouse, in the course of the next few weeks, E*Trade Securities Limited UK will invite approximately 24,000 active UK customer's accounts holding GBP467 million in assets to transfer to the TD Waterhouse UK platform.
Angus Rigby, CEO of TD Waterhouse UK, said: "Our long-term strategy is to strengthen our UK business and expand our services further into Europe, while continuing to offer a superior customer service. The additional customers and assets this deal brings will cement our position as the leader in the UK online brokerage space.
"We are very experienced in this type of acquisition and as such, we will ensure no customers are adversely impacted as migration takes place and all customers continue to benefit from our award winning products and services."
http://www.datamonitor.com