Administration January 11, 2001

General Motors Offers Employees Online Trading

November 1, 2001(PLANSPONSOR.com) - Ameritrade Holding Corporation and GMAC Bank have teamed up to provide a suite of online brokerage and financial capabilities to employees, retirees, shareholders and customers of General Motors/GMAC.
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The two companies unveiled a co-branded Web site, which will allow participants to purchase stocks and mutual funds through the Ameritrade Brokerage trading platform.

The deal mirrors one announced recently between rival Ford and TD Waterhouse.

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They will be able to access products and investment features including:

  • real-time account information
  • streaming quotes, and
  • analytical tools for screening and charting

The partnership is the first for GMAC Bank, which opened in August.

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