October Monthly Updates

Monthly Summary: October was probably the most important month in terms of news for the U.S. online brokerage industry as third quarter earning were announced as well as fourth quarter projected earnings. As expected, almost all firms in this industry were hit extremely hard taking losses of more than 20% due to the current recession.This month's news articles mainly talk about expected and announced earning for the top firms as well why this is a sign that people should invest in these companies now. Below are the main articles.

Date Article Title
10/8/09 EARNINGS PREVIEW: Online Broker Profits Restrained By Market
10/13/09 TD AMERITRADE to Host Earnings Conference Call
10/15/09 Charles Schwab 3Q Net Falls 34% Amid Revenue Declines >SCHW
10/21/09 UPDATE: Knight Capital 3Q Profit Down, Shares Fall
10/25/09 Online brokers draw investors
10/27/09 2nd UPDATE: Ameritrade 4Q Profit Down But Trading Strong >AMTD
10/27/09 RPT-WRAPUP-Not all U.S. online brokers see clear crystal ball
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