Article: Stock Watch: On-line broker goes more B-to-B; A.B. Watley aims to sell software to other brokers to buoy shares.(Brief Article)

Day traders, once seen as the untouchables of the investing world, are increasingly being courted by the largest names in the brokerage business, particularly on-line brokers.

Early last year, discounter Charles Schwab Corp. bought active trading firm CyberCorp to service day traders. On-line brokerage Ameritrade Holding Corp. bought TradeCast Ltd. last month in a similar transaction. E*Trade Group Inc. is also close to launching its own offerings for active investors.

For executives at A.B. Watley Group Inc., a Manhattan-based on-line brokerage that caters to day traders-providing not just brokerage services but the Web-based software systems to ...

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