Trading Up
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The popularity of online trading will soar over the next three years as more middle-class families take control of their own stock portfolios, according to Forrester Research. The market researcher expects deep-discounters to plateau and mid-tier firms like E*Trade and Schwab to thrive as customers demand a little more hand-holding. Forrester expects there will be 20.4 million accounts containing more than $3 trillion in assets in 2003.
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| Online trading accounts: 
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| 1999 | 5.4 million |
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| 2000 | 7.0 million |
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| 2001 | 9.2 million |
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| 2002 | 13.7 million |
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| 2003 | 20.4 million |
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| DATA: Forrester Research
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