The Growth of Web-Based Investment

Abstract

When Merill Lynch announced its entry into online brokering, analysts stated that Internet-based investing had reached a milestone. This article explores the development of Internet-based investment transactions and businesses as well as the differences between the business models of pure Internet brokers and those of full-service brokerage houses. Although this industry is in very early stages of development, it will eventually approach a modified form of zero-cost industry like many of the Internet service providers.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 13 citations exist upstream.