Tuesday, January 16, 2007

Day traders return, boosting volume at online brokerages

They're back: Day traders return, boosting volume at online brokerages

Day trading -- symbol of amateur excess in the Internet bubble -- is back. Rising stock values have lured a new generation of traders back to their PCs, pushing up volume at online brokerages. Charles Schwab saw a 29% leap in daily trades in the first nine months of last year to 242,300 -- slightly above the record peak recorded in 2000.
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