Type | Subsidiary |
Industry | Financial services |
Founded | 1982;, Palo Alto, California, U.S. |
Founders | William A. Porter, Bernard A. Newcomb |
Headquarters | Arlington, Virginia, U.S. |
Services | Stockbroker, Electronic trading platform |
Parent | Morgan Stanley |
Website | https://etrade.com |
- E-Trade Financial Corporation (stylized as E✱TRADE, often approximated as E*TRADE), a subsidiary of Morgan Stanley, offers an electronic trading platform to trade financial assets including common stocks, preferred stocks, futures contracts, exchange-traded funds, options, mutual funds, and fixed income investments.
- It also provides services for employee stock ownership plans, student loan benefit administration, advisor services, margin lending, online banking, and cash management services.
- The company receives revenue from interest income on margin balances, commissions for order execution, payment for order flow, and management services.
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