English to Arabic Bus/Financial Business/Commerce (general)

Hello everyone,
Could you please help me with this term? Here is the context:
"Unlike the many brokerages that committed hundreds of millions of dollars and endless executive hours to debates over whether to introduce online trading (and if so, how to price and position it in a way that did not cannibalize or conflict with traditional offerings), (X) company wasted no money or time on that decision because it had set clear boundaries. Similarly, (X) company is not vertically integrated into proprietary mutual funds, so as not to violate the independence of its financial advisers and undermine clients’ trust. Nor will the company offer penny stocks, shares from IPOs, commodities, or options – investment products that it believes are too risky for the conservative clients it chooses to serve."
Thanks in advance.