Posts filed under 'Online Broker'
Last September, we launched new content with Interactive Data. In December, we became the first brokerage to integrate with The Investor Network. In spring, we launched Gainskeeper.
All these new tools and services had a silver menu bar and very distinctive design elements that really doesn’t blend in very well with the current Firstrade. Because quite frankly, they were not designed with the current Firstrade in mind. What you see is in fact the look & feel of the new Firstrade.com
Stay tuned for more info, and possibly a few screenshots in the coming weeks.
April 16th, 2009
Have you checked out The Investor Network? Firstrade is proud to be the first online brokerage to fully integrate with the new forum/social network designed for validated investors. Simply log in and find the link to The Investor Network on the left column.
Intel recently became the first company to establish a stockholder forum on The Investor Network. If you own Intel shares, definitely go and check it out. You can communicate with Intel IR, and even take part in some polls, very neat stuff.
This is just the beginning, stay tuned for most exciting announcements.
April 16th, 2009
The Internet offers an abundance of information, but how do you validate what’s real and what’s not? When an online users submits content to a blog, video site, or forum, they are usually not held accountable for their user-generated content. Only in the most severe scenarios (Steve Jobs related rumors comes to mind) do the authorities really spend the time and effort to track down the person behind the screen name.
This can be very troublesome for an investor looking for real, useful information on which to base his investment decisions. Wouldn’t it be great if there was a place where you only chat with validated investors, and people are held accountable for what they say?
It’s here, and it’s called The Investor Network.
Firstrade is thrilled to be the first brokerage to complete full integration with The Investor Network. From your Firstrade account, you can access The Investor Network via a link from the “My Accounts” page. Choose a screen name and you’re all good to go. When you make a comment or start a new thread, others can see whether you are a shareholder, thereby putting your statement into perspective. Read something that interests you and want to place a trade? Click on the integrated “Trade” button and be taken straight to the “Order Entry” screen at Firstrade.
We look forward to talking stocks with everyone on The Investor Network! Join us today!
March 10th, 2009
Tax time is always a mixed blessing. Many of us look forward to a nice tax-return, and puts money away in a tax-advantaged IRA account for retirement. However active traders are faced with the task of organizing a year’s worth of trade data, which can be quite intimidating if you do not employ the service of a CPA. (in fact, even with a CPA, that’s a lot of statements to process)
Firstrade’s happy to announce that we have partnered with Gainskeeper to deliver a tax solution that simplifies the process. All customers that meet the minimum trading and balance requirements will receive complementary access to Gainskeeper! Generate schedule D with ease. I just did my taxes, and it definitely saved me a lot of time.
Quicken, Money, Gainskeeper, OFX, Tax-Lot Accounting Portfolio. Just a few tools we provide to help you get by April 15.
February 27th, 2009
Last November’s Early Bird Promo was definitely very exciting for the team here, especially during a traditionally slow day when most people are out shopping, and not home trading. After some discussion with the team, we’re introducing another iPod promotion, as well as the lovely blue birds!
Get FREE His & Hers iPod nano when you open a joint account on Valentine’s Day and meet qualifications. Nothing says true love like a joint account…
February 12th, 2009
The past few weeks has been nothing short of stunning. History in the making. The title sums it up, 15 days ago we witnessed the single biggest point decline in the Dow when the House failed to pass the “Bailout Bill”. 4 days ago the market sank to the depths before staging a rally, making the first 1000 point intra-day swing. Yesterday we had the incredible 936 point rally.
The Y-axis of our stock and index charts on our websites were stretched to previously unseen limits. Luckily all of our charts scaled properly, and nothing went “off the charts”
Economists and so called experts said a few weeks ago the marketed will decline the high 7000s before a rebound, and it only took a few mind boggling crashes to hit the 7800 mark. Then came word that we’ll see a near 1000 point upswing in the DJIA before the end of November, we had that just a few trading days into October. Everything is happening so quickly. Does that mean we have rushed to the end of the crisis? Only time will tell.
October 14th, 2008
Dear Firstrade Customer,
The serious issues taking place within the financial services industry continue to evolve as we learn more details and come to terms with their impact on the nation’s financial markets. We remind our clients that Firstrade continues to have no direct exposure to the U.S. real estate market and the associated complex financial securities that are at the root of this liquidity crisis. In fact, Firstrade does not take proprietary risk on its balance sheet.
This widespread turbulence in the financial markets has prompted a number of questions about the impact on the money market funds offered by Firstrade. These money market funds are managed by DB Advisors, a part of the Deutsche Bank Group.
As of today, the money market funds offered by Firstrade do not have any direct or indirect exposure to Lehman Brothers, American International Group (AIG) and Merrill Lynch. While these events may present challenges, they underscore the importance of a strong investment process that emphasizes credit and risk management. More recently, the funds have been using a core position in U.S. Treasury securities to gain added liquidity and flexibility.
The portfolio holdings have been updated as of 9/12/08, and you can find this information on the Deutsche Bank website. For funds participating in money market transparency, detailed risk analytics are now available as of 8/29/08.
September 18th, 2008
Over the past 2 weeks we have started to roll out new Quotes, Charts and other Tools from our new content provider Interactive Data. And we have only just begun.
In the next few weeks, we plan to deploy SEC Filings, Insiders, and many other exciting tools and features. It’s an ongoing project from now until the end of Q1′09. Something new every week. If you look close enough, something new almost every other day.
Like I said two posts ago, it’s time for an upgrade. More to come…
September 18th, 2008
For the past few years, many Chinese portals included a special field for the Chinese stocks: “Olympics Concept”. The objective was to inform the reader whether this company stands to benefit, directly or indirectly from the Olympics in Beijing. Airlines, Travel Agencies, Mobile Phones, and possibly even the manufacturer of those shiny suits adorned with LEDs worn by the performers.
Now that the games are over, the craze is also expected to slow. For those investors holding Chinese stocks, what are your plans? Do you think stocks are over-valued or will continue to ride the momentum? Chime in.
Now I wonder if Denver-based companies get a boost from the Democratic National Convention….
August 25th, 2008
The current Firstrade.com website, love it or hate it, has been delivering quality execution, an abundance of tools, and exciting promotions for the past few years. Well, I think it’s time for an upgrade.
I’ve just been given permission to “leak” a bit of information here on the blog that something(s) new and exciting is(are) coming between now and the end of this year. The team is hard at work and we’re sure everyone will be happy with the results. Stay tuned.
August 19th, 2008
