Tech Industry

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.

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.