Tag: E*Trade

June 10, 2021 BY Steffy Bogdanova

Morgan Stanley appoints several E*Trade executives to senior roles

It was also announced that Mike Murphy, head of brokerage services at E*Trade, will lead digital direct client service and Chris Larkin, E*trade’s head of trading, will oversee trading across the division. Additionally, Shane Mulron, who previously led institutional product and risk management for E*Trade, will lead business control and support. Last year, Morgan Stanley…

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acquisition
February 21, 2020 BY Valentina Kirilova

Morgan Stanley buying E*Trade in $13bn deal

Wall Street giant Morgan Stanley (NYSE: MS) announced on Thursday that it will acquire E*TRADE Financial Corporation (NASDAQ: ETFC), a financial services company and pioneer in the online brokerage industry, in an all-stock transaction valued at approximately $13 billion. E*TRADE stockholders will receive 1.0432 Morgan Stanley shares for each E*TRADE share, which represents per share…

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July 25, 2016 BY Mike Fox

ETrade to buy OptionsHouse for $725 million

E*TRADE Financial Corporation (NASDAQ:ETFC) today announced it has entered into a definitive agreement to acquire Aperture New Holdings, Inc., the ultimate parent company of OptionsHouse, for $725 million in cash. The transaction will boost E*TRADE’s derivatives capabilities while expanding its customer profile with the addition of OptionsHouse’s highly active, derivative-centric traders. E*TRADE intends to finance…

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June 02, 2016 BY Mike Fox

E-Trade fined by FINRA $900K for best execution and client order information violations

The Financial Industry Regulatory Authority (FINRA) announced today that it has censured and fined E*TRADE Financial Corp (NASDAQ: ETFC) $900,000 for failing to conduct an adequate review of the quality of execution of its customers’ orders and for supervisory deficiencies concerning the protection of customer order information. E*Trade provides online securities investing and trading services for…

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December 09, 2015 BY Maria Nikolova

E*Trade fined $65,000 in Australia for order handling infringement

The Australian Securities & Investments Commission (ASIC) has imposed a monetary penalty on Etrade Australia Securities Limited (Etrade), a subsidiary of E*TRADE Financial Corp (NASDAQ:ETFC), over an order handling infringement. The company has paid a penalty of $65,000 to comply with an infringement notice issued by the Markets Disciplinary Panel (MDP). The infringement refers to…

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July 04, 2013 BY Gerald Segal

Simon Cox named CEO of forex platform provider Ariel Communications

Ariel also adds former former E*TRADE UK CEO Julian Costley to its board. Spread betting, forex, and CFDs platform provider Ariel Communications went through some turmoil earlier this year, with the resignation of its longtime CEO Angus Clacher. Well it seems as if the company has come roaring back, in both strengthening its management team and adding a…

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