E-Commerce Stock Watch: E*Trade Starts Venture Capital Fund

Online broker E*Trade (Nasdaq: EGRP) made an intriguing announcement on Friday that makes it clear that the company is focused on the future. E*Trade says it has formed a $150 million internal venture capital fund to support the company’s expansion into new business areas and technology platforms.

Perhaps E*Trade will use some of this money to help find a way to eliminate online trading glitches once and for all.

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