ARLINGTON, Va.--(BUSINESS WIRE)--E*TRADE Financial Corporate Services, Inc. today announced an industry-first enhancement—online trade clearance automation.
Administrators can enter, view, and edit trade clearance instructions online for their participants, including trading windows, time period, number and type of shares, and other grant-specific information. Participants also benefit from more transparency in the process. Now they can set up their trades online, view approved trading periods, and automatically receive an alert when their clearance instructions have been set up or updated. This eliminates the need for phone calls and emails with their administrator.
“We’re committed to making the benefits experience effortless for participants and administrators alike,” said Scott Whatley, President of E*TRADE Corporate Services. “With industry-leading solutions like trade clearance automation, we’re transforming how administrators do business. Now administrators are freed up from back office tasks and can eliminate unnecessary gear grinding. Participants are also empowered to act on their equity more easily than ever before.”
The enhancement comes on the heels of announcing a student loan benefit offering, including employer-sponsored student loan paydown, 529 plan contribution solutions, and access to student loan refinance options.
To learn more about E*TRADE’s equity compensation offering, visit etrade.com/corporateservices.
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About E*TRADE Financial and Important Notices
The E*TRADE Financial family of companies provides financial services, including trading, investing, banking, and managing employee stock and student loan benefit plans. Employee stock and student loan benefit plan solutions are offered by E*TRADE Financial Corporate Services, Inc. Securities products and services are offered by E*TRADE Securities LLC (Member FINRA/SIPC). Commodity futures and options on futures products and services are offered by E*TRADE Futures LLC (Member NFA). Managed Account Solutions are offered through E*TRADE Capital Management, LLC, a Registered Investment Adviser. Bank products and services are offered by E*TRADE Bank, and RIA custody solutions are offered by E*TRADE Savings Bank, both of which are national federal savings banks (Members FDIC). More information is available at www.etrade.com.
E*TRADE Financial, E*TRADE, and the E*TRADE logo are trademarks or registered trademarks of E*TRADE Financial Corporation. ETFC-G
In connection with stock plan solutions offered by E*TRADE Financial Corporate Services, Inc., E*TRADE Securities LLC provides brokerage services to stock plan participants. E*TRADE Financial, E*TRADE, and the E*TRADE logo are trademarks or registered trademarks of E*TRADE Financial Corporation. ETFC-G
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