Online Brokers Open Physical Offices/Online Trading Is Free for Large Depositors, Business and Industry Trends Analysis

Banks have long sought to offer a full array of financial services, and they are offering deeply discounted stock trades.  In fact, Bank of America made waves in late 2006 when it began offering up to 30 free online stock trades monthly to customers that have at least $25,000 in combined deposits (Bank of America has since acquired Merrill Lynch and offers trade services through subsidiary Bank of America Merrill Lynch).  Banks such as Bank of America want to be one-stop shops, and they see free or discounted stock trades as a way to bring customers back to their web…

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