Metrics
Data from Keynote.com today showed that this week's performance results for online brokers was little changed compared to last week, when TheStreet.com began featuring this information. Keynote measures how quickly one can navigate an online broker's site, not how quickly one can execute a trade.
Once again, DLJdirect was number one, coming in with a site performance time of 3.94 seconds. That bests last week's performance by almost a full second. Again, Firstrade brought up the rear, with a time of 21.69 seconds -- an improvement over last week, but still not enough to get it out of the cellar.| How Quick Is Your Online Broker? | ||
| Brokerage | Transaction Performance (in seconds) | |
| 11/20 - 11/24 | 11/13 - 11/17 | |
| DLJdirect | 3.94 | 4.81 |
| Charles Schwab | 8.16 | 8.50 |
| E*Trade | 8.20 | 11.51 |
| Ameritrade | 8.30 | 8.51 |
| Fidelity | 9.38 | 9.80 |
| Datek | 9.49 | 8.77 |
| BullandBear | 10.11 | 11.03 |
| Mydiscountbroker.com | 10.15 | 10.96 |
| Dreyfus | 10.94 | 10.03 |
| Webstreet | 11.27 | 10.92 |
| Waterhouse | 12.61 | 13.05 |
| Brown & Company | 15.03 | 15.56 |
| Morgan Stanley Dean Witter Online | 15.77 | 17.26 |
| Merrill Lynch | 16.46 | 16.69 |
| Suretrade | 18.52 | 19.98 |
| Firstrade | 21.69 | 22.07 |
| Average | 11.35 | 12.47 |
| Source: Keynote Systems | ||
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,454.83 | 1,317.82 | 2,837.53 | 17.45 |
Oil *
107.26
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DOWN
74.92 |
DOWN
2.86 |
DOWN
1.85 |
DOWN
0.14 |
10 Yr
1.74%
SPDR Gold
152.68
|
|
-0.60%
|
-0.22%
|
-0.07%
|
-0.80%
|
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