Around 15 percent of all trades are done in on-line trading.
Q. The threat of on-line trading isn't the only reason these stocks are down, is it?
The brokerage firm has offered on-line trading for the last several years.
The situation on Nasdaq has been made worse by the rapid growth of on-line trading.
Few believe that America's love affair with on-line trading has faded.
Americans have 70 million brokerage accounts, but only 10 percent of them permit on-line trading.
The implications go far beyond on-line trading and chat rooms.
The company, which recently introduced on-line trading for some customers, saw its commission revenues jump 7 percent, to a record $1.6 billion.
It now hopes that the new, less expensive wrap account, with access to on-line trading, will become much more popular.
Although this difference has existed for years, the recent popularity of on-line trading makes it a deeper concern.
