Discount Brokerage News

Discount Brokerage Weekly Roundup – Nov. 16/2012

Discount Brokerage Weekly-Roundup

Canadian discount brokerages seem to be busy in their workshops planning what to unveil for next year.  Many of the major financial institutions have their financial year end at October 31st which means they’re setting budgets and planning marketing campaigns for 2013.  Because of the upcoming Globe and Mail discount brokerage rankings due out next week (see below), marketing teams ... Read More »

Discount Brokerage Weekly Roundup – Nov. 9th 2012

Discount Brokerage Weekly-Roundup

The big news from the Canadian discount brokerage industry this week was the huge announcement that OptionsXpress will no longer be available in Canada.  Virtual Brokers will be acquiring all of the OptionsXpress Canada accounts as of December 1st pending regulatory approval. This now narrows the number of Canadian discount brokerages that provide a powerful and easy to use options ... Read More »

OptionsXpress Canada officially exiting the Canadian Discount Brokerage market


The Canadian discount brokerage market this week saw one of the players officially exit by selling their Canadian operations.  Virtual Brokers announced today that they will be buying out OptionsXpress Canada effectively signaling the end of OptionsXpress in Canada and shrinking the number of big discount brokerages by one.  The business agreement is set to take effect on December 1st ... Read More »

Discount Brokerage Weekly Roundup – Nov. 2, 2012

Discount Brokerage Weekly-Roundup

Discount Brokerage Weekly Roundup There were a couple of really big events that took place this past week including the impact of Hurricane Sandy, TD Waterhouse Discount Brokerage’s Direct Investing Expo and Tyler Bollhorn’s soft launch of his new book, “The Mindless Investor”.  Also November is Financial Literacy Month, be sure to pay extra attention to a lot of the ... Read More »

Discount Brokerage Weekly Roundup – Oct. 26th 2012

Discount Brokerage Weekly-Roundup

Discount Brokerage Weekly Roundup This week provided an interesting lesson in activity fees handed out to one RBC Direct Investing client, covered via Global News here.  If you’ve got an account open that you’ve forgotten about, you may want to look closely at what you’re being charged by keeping the account open (you can check out our fee comparison page ... Read More »