uploads///ETFC expected revenues

E*TRADE Financial: Expected Revenues, Additional ETFs


May. 17 2018, Updated 9:02 a.m. ET

Direct versus traditional brokerages

According to E*TRADE Financial (ETFC), the direct brokerage industry is positively impacted by the use of its digital tools. Market participants appear to favor the companies operating in the direct brokerage industry, as they charge lower fees compared to traditional brokers. The direct brokerage industry is expected to witness a boost in its business momentum as significant untapped opportunities are available.

Brokerage companies (XLF) Charles Schwab (SCHW), TD Ameritrade Holding (AMTD), and Interactive Brokers Group (IBKR) are among E*TRADE’s competitors in the direct brokerage industry.

Article continues below advertisement

ETFC’s platform adds three ETFs

E*TRADE’s clients now have access to an additional three ETFs of Reality Shares. The management of both companies reflected positive views of this move. As ETFC increased its ETF offerings, it could attract greater attention by market participants.

Wall Street analysts gave a high estimate of E*TRADE’s revenues of $716.0 million and a low estimate of $693.0 million for the second quarter. The average estimate stood at ~$703.5 million.


More From Market Realist

    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.