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While many banks are getting battered by the trading slump, Morgan Stanley is feeling the pain more acutely.
The Tokyo Stock Exchange, which in its heyday in the late 1980s was by far the world's largest, has since seen trading slump in tandem with the Japanese economy.
BLOOMBERG NEWS Susquehanna Cuts Brokerage Jobs | The Susquehanna International Group, contending with a trading slump, cut 15 percent of the 200 jobs in its institutional brokerage unit, mostly in New York, Bloomberg News reports.
A much-maligned forward with apparently similar issues, Riewoldt doesn't so much go missing as go hungry, starved by the boom-bust Richmond midfield during their long 2014 trading slump.
The trading slump has hit Schwab and TD Waterhouse harder than rivals that cater to younger investors, such as Ameritrade and E*Trade Group, says brokerage analyst Richard Repetto of Putnam Lovell Securities.
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But America Online, which gained $3.31, to $46.91, during regular trading, slumped as low as $38.50 after announcing its quarterly results.
The Charles Schwab Corporation said yesterday that first-quarter profit might fall short of forecasts because trading slumped last month.
The company said earnings in the third quarter plunged 71percentt as power prices tumbled and energy trading slumped.
Meanwhile, trading slumped as many investors took off early for tomorrows holiday.
The great trade slump that began in October 1929 brought a swift decline in the prosperity of American publishing.
World trade slumped.
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