An Introduction To Top Online Trading Companies
Online trading in stocks and securities has become very common and most of the financial giants who have been in the market of stocks and securities have become some of the top online trading companies as well. This article shall inform you about some of these top online trading companies.
The first company which finds a mention is Merrill Lynch & Co., Inc. The organization was established in 1914 and today Merrill Lynch has established itself as one of the most popular financial management houses in the world. The company is present in most of the countries around the world. It has more than 600 offices in United States alone. The company has its headquarters in New York City and it occupies all the entire 34 stories of a building in the World Financial Center in Manhattan.
Today Merrill Lynch is involved in a number of financial sub sectors like capital market, wealth management, insurance, investment banking and asset management etc. The company made a revenue of $70.59 billion in 2006 and it has 56,300 employees on its rolls.
One more name that finds mention this list of top online trading companies is The Goldman Sachs Group, Inc. It is one of the largest investment organizations in world. The organization has been operational since 1869 which makes it one of the oldest financial organizations in the world. Apart from the regular online trading services, the company is involved in management of financial and investment assets of a number of companies, some of the richest families and even entire governments. The company is also a primary dealer in the market of securities issued by the United States Department of the Treasury. As of 2006, Goldman Sachs made a revenue of $37.67 billion and it has 30,335 employees on its rolls. Bear, Stearns & Co. Inc. is also one of the biggest brokerage firms in the market. It has been operational since 1923 and it is headquartered in New York City. The company had an annual revenue of $16.551 billion as of 11/2006 and it has 13, 566 personnel on its rolls. The company has total assets worth $350.4 billion as of November 2006. This makes it the seventh largest company when securities firms are ranked on the basis of assets. Today Bear, Stearns & Co. Inc. is involved in financial services, investment banking and investment management. The company serves a wide range of clients like companies, individuals and entire governments. These top online trading companies along with some other companies share a huge part of the market among themselves. They have developed a degree of credibility and reputation among individuals and organizations alike and today these top online trading companies are considered among the 'money movers' of the world.
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