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Short Take: E*Trade, Morningstar ink deal

Online trading firm E*Trade inked a deal today with Morningstar for the investment information and analysis firm to provide online mutual fund research and data to E*Trade investors in the U.S. and abroad. The move comes as online trading volumes continued to surge in the third quarter--although the rate has slowed compared to previous quarters, according to reports by investment banks Credit Suisse First Boston and Piper Jaffray.