Brokering Business

Discussion in 'Trading' started by Ripley, May 3, 2006.

  1. Why is most brokerages private? especially those futures brokers.

    I am looking to invest in some brokerage stocks (because most of my money goes there). And the only broker I know that trades publicly is TRAD (TradeStation). Then there are the $11 billion and $13 billion market cap Ameritrade, Et*trade etc.

    Anyway.. while we're at it, whats the business behind brokers? How many new accounts per year does it take to keep a 20% profit margin?
  2. how about HLVC.PK, lol

    also, SCHW, OXPS, MNGPF.PK

    then there's the big brokers who are also involved in many other facts of finance- GS, MER, MS, LEH, BSC etc