Nasdaq OMX Group said it hired Bradley J. Peterson as its global chief information officer. Peterson has served in similar capacities at both Charles Schwab & Co. and eBay.
Michael Iachini of CharlesSchwab says investors need the most assistance in narrowing down the expanding investment universe and in trading ETFs effectively.
Morningstar's Scott Burns talks to Schwab's Peter Crawford about the pricing, index-tracking, liquidity, and strategy behind the firm's new exchange-traded funds.