Feeds

E*Trade swoops on Irish firm

Takes first steps toward setting up international trading group

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

Electronic trading took a step toward becoming more commonplace as online brokers E*Trade bought Irish clearing and settlement company, TIR Holdings for $122 million in stock. It is a daring move for the US company and, according to today's FT, marks an important step in building a cross-border electronic trade network. While E*Trade does have offices outside the US, they have thus far focussed on local markets. The alliance with TIR will allow an international trading network to be established, subject to regulatory approval. E*Trade is planning to make the US stock market accessible to its foreign customers inside 12 months, with all its operations linking up in the next three to five years. If approved, the deal could win a slice of the territory mostly inhabited the big institutions. ®

Internet Security Threat Report 2014

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.