Public Notes by chase_ats Tagged #stock_brokers

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#robinhood #stocks #apps #Software #stock_brokers #freemium #premium #pub
Can;'t seem to get a price? #acquisitions #stock_brokers #year:2015 #pub
This is not the Zecco deal. I can't find any news of the Zecco deal. But this is a couple months after. So same year. #acquisitions #stock_brokers #year:2013 #pub
"The two CEOs and their respective companies agreed to merge at this time in part because they wanted to “stop being distracted by one another”, and make a move at competing with what they call the “big five” online brokers, Schwab, Fidelity, E*Trade, TD Ameritrade and Scottrade." ----- So the big five back then were these. TD Ameritrade and Scottrade have since combined. E*Trade needed a bail out a few years prior. Sad! Ally bought TradeKing after they bought other stuff so maybe they are part of new big 4? #acquisitions #stock_brokers #mergers #pub
#stock_brokers #active_investing #wallstreet_bets #discussions #lists #APIs #data #investing_data #stock_data #research #pub
#active_investing #wallstreet_bets #lists #APIs #data #investing_data #stock_data #SaaS #paid #stock_brokers #discussions #pub
#recommended_by_reddit #stock_brokers #options #brokers #not_vetted #SaaS #cheap_finds #@@nik #@@bobby #pub
"TD Ameritrade reached a deal to acquire rival stock brokerage firm Scottrade for a mix of cash and stock that the companies said was worth $4 billion. The agreement involves multiple transactions in which TD Ameritrade will first acquire Scottrade Bank for $1.3 billion, then acquire Scottrade Financial Services for $2.7 billion. Collectively, the companies handled an average of 600,000 client trades per day, $944 billion in client assets and 10 million funded client accounts in the 12 months ended Sept. 30....To squeeze out excess costs, they'll rack up $550 million in "restructuring related charges," including costs associated with employee severance, according to the presentation. The company said it had identified the opportunity for $450 million in annual "expense synergies," which often includes cost cuts and combined purchasing power in corporate mergers, including 25% that can be achieved within the first year of the deal. The rest would occur in the second year. TD Ameritrade said it expects an additional $300 million in "longer-term opportunities," without offering specifics. The companies said they expect the deal to close by the end of September 2017." #financial_firms #finance_industry #stock_market #stock_brokers #acquisitions #pub