Wednesday, October 4, 2006

Zecco To Launch Online Trading Site

Los Angeles-based Zecco.com announced today that it will launch a new, zero comission online trading site this month. The firm, which is backed by early Skype investor Morten Lund, said that it will offset trading costs from premium services, margin loans, and broker accounts. The startup said that it will also provide Web 2.0 experiences including financial blogging, discussion forums, and social networking filtering, along with sharing advertising revenue with bloggers.