By David Griffiths The overall outlook for online brokers remains positive, despite recent share ...
By David Griffiths The overall outlook for online brokers remains positive, despite recent share price volatility, with market share of retail fund flows expected to increase, according to a report by Schroder Salomon Smith Barney. Mamoun Tazi, an analyst with the equity research group, said European online brokers are poised to become the retail financial institutions of the future. This is due to their continuing business model transformation and their efforts to build a strong Pan-European name. This placed them in a strong position to take advantage of the broadening investme...
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