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Lesson 8. Brokers and Brokerage Houses > E-Brokers
E-Brokers
The growth of the Internet threw a new star into the ring: the e-brokerage. These include companies like Ameritech, LBJ Direct, and E-Trade. Many of these electronic brokerages have grown to massive sizes in their few years of existence, verifying their popularity. The e-brokerages have many things going for them, not the least of which is their prices.
Plain English
E-brokers are completely licensed to provide all the services of a traditional brokerage online. E-brokerages accept trades 24 per day, 7 days per week, Be aware, however, that the order is usually retained until the physical markets open.
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