The Yanks Are Coming: Europe is behind the States in the online trading revolution. But now many dealers are convinced that our European cousins are about to catch on.

Traders, May, 2001 by Reports, Staff

The timing may not seem perfect but who can blame U.S. broker dealers looking for a piece of Europe's fledgling online stock trading business?

Projections for growth in the budding pan-European stock culture have convinced some not to hold off until the market perks up. And the names on the bandwagon include some of the biggest American dealers.

Despite declines in the European stock markets, the trend in online trading in Europe is towards unprecedented growth, according to analysts.

"U.S. and European investment banks are waking up to the equity revolution in Europe," said J.P. Morgan analyst Huw van Steenis. "The pay-off for the winners will be very significant."

Enormous Potential

The total number of European online...

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