Seeking Alpha

Online brokers such as ETFC, SCHW, and AMTD are profiting from this week's higher trading...

Online brokers such as ETFC, SCHW, and AMTD are profiting from this week's higher trading volumes. However, the low future interest rates signaled by Tuesday's FOMC statement are expected to pressure earnings, both by limiting interest earned on assets, and reducing the spread earned on margin loans.
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