This morning, the Wall Street Journal reported that during the first quarter of 2014 discount brokers reported a large increase in the trading activity of their clients. TD Ameritrade and Charles Schwab Corp., the two largest discount brokers, reported that their average daily volume increased 20% plus to roughly 700,000 shares a day. While a 20% plus increase in activity may sound like a big deal, when you put it in the context of the overall market that’s not even a sneeze. Normal daily vol...
Published on April 24, 2014 07:12