CLAYTON, Mo. (CN) – Scottrade illegally collected extra fees on day trades, a class action claims in St. Louis County Court. Lead plaintiff Irina Borzakovskaia says Scottrade let its pattern ...

Online brokerage TD Ameritrade (AMTD) is buying Scottrade in a $4 billion cash-and-stock deal that would tie up two major players in the day-trading industry during an era when an increasingly ...

NEW YORK (AP) - Online brokerage TD Ameritrade is buying Scottrade in a $4 billion cash-and-stock deal that would tie up two major players in the day trading industry during an era when an ...

NEW YORK (AP) — Online brokerage TD Ameritrade is buying Scottrade in a $4 billion cash-and-stock deal that would tie up two major players in the day trading industry during an era when an ...

“Scottrade's systems allowed day-trading customers to continue risky, leveraged day trading.” The lapses let 11,708 customer margin accounts execute 171,910 day trades when equity fell short ...

Trading volume on Scottrade was up 221% as of 11 a.m. compared with last week's average daily volume, the brokerage said. Follow USA TODAY reporter Nathan Bomey on Twitter @ NathanBomey . Featured ...

Collectively, the companies handled an average of 600,000 client trades per day, $944 billion in client assets and 10 million funded client accounts in the 12 months ended Sept. 30.

Online brokerage TD Ameritrade is buying Scottrade in a $4-billion cash-and-stock deal that would tie two major players in the day-trading industry at a time when an increasingly large number of ...