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E*Trade Group (EGRP – 12-3/4) is one of the country's largest online brokers, boasting more than three million account holders. Along with the United States, the firm also has operations in Europe, South Africa, and parts of Asia. The shares started 2001 with a bang, rallying 115 percent from its January 2 low to its peak on January 30. This brought the equity back into double-digit territory for the first time since Thanksgiving.
This morning, the company unveiled a new service that provides free real-time quotes for it clients. This new feature, named MarketCaster, allows users to create customized lists to track specific portfolios. The shares are trading marginally lower in early-morning activity.