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Slow Markets Leads VC Backers To Push Zecco And TradeKing To Merge

|Includes:TD Ameritrade Holding Corporation (AMTD), BAC, C, CME, ETFC, FXCM, GCAP, GS, JPM, LUK, MS, SCHW, SWQGF

Slow trading levels by U.S. retail investors has hurt both companies.

Zecco logoU.S. online brokerage firms Zecco and TradeKing announced today their intention to merge, a move apparently brought on by both firms' VC backers in the face of slowing trading markets facing both companies.

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Stocks: AMTD, SCHW, ETFC, FXCM, GCAP, SWQGF, GS, MS, BAC, C, CME, JPM, LUK