Short Take: Wit adds online brokerage
Wit Capital has added online brokerage services to its Internet investment banking capabilities. Market orders to trade stocks, mutual funds, and options online are priced at $14.95, while limit orders cost $19.95. Trades can be placed online, through an automated telephone system, or through a broker via phone. Wit also offers public venture capital funds and IPOs for individual investors, and eventually will add private placements and direct trades between Wit Capital account holders to the services available on its site.
has added online
brokerage services to its Internet investment banking capabilities. Market
orders to trade stocks, mutual funds, and options online are priced at
$14.95, while
limit orders cost $19.95. Trades can be placed online, through an
automated telephone system, or through a broker via phone. Wit also offers
public venture capital funds and IPOs for individual investors, and
eventually will add private placements and direct trades between Wit
Capital account holders to the services available on its site.