content: <PAGE>
   
                        SECURITIES AND EXCHANGE COMMISSION
   
                              Washington, D.C. 20549
   
   
                                  _______________
   
   
                                     FORM 8-K
   
                                  CURRENT REPORT
   
   
                      PURSUANT TO SECTION 13 OR 15(d) OF THE
   
                          SECURITIES EXCHANGE ACT OF 1934
  
  
  Date of Report (Date of earliest event reported) JUNE 3, 1998
                                                   ------------
  
  
                                E*TRADE GROUP, INC.
  --------------------------------------------------------------------------------
                (Exact name of registrant as specified in charter)
  
  
         DELAWARE                         1-11921               94-2844166
  --------------------------------------------------------------------------------
  (State or other jurisdiction          (Commission            (IRS Employer
       of incorporation)                File Number)        Identification No.)
  
  
       FOUR EMBARCADERO PLACE, 2400 GENG ROAD, PALO ALTO, CALIFORNIA      94303
  --------------------------------------------------------------------------------
               (Address of principal executive offices)                (Zip Code)
  
  
  Registrant's telephone number, including area code    (650) 842-2500
                                                        --------------
  
                                  NOT APPLICABLE
  --------------------------------------------------------------------------------
          (Former name or former address, if changed since last report.)
  <PAGE>
   
  Item 5  OTHER EVENTS
  ------  ------------
  
          1.  On June 3, 1998, E*TRADE Group, Inc. ("E*TRADE") entered into an
  agreement with E*TRADE UK (Holdings) Limited ("E*TRADE UK"), Providence
  Investment Company Limited and certain shareholders of Electronic Share
  Information Limited to form a joint venture company in the United Kingdom, the
  purpose of which is to provide online investing services in the United Kingdom.
  As part of the agreement, E*TRADE will have a 27.7% ownership interest in
  E*TRADE UK. A copy of the press release announcing the agreement to form the
  joint venture company is attached hereto as Exhibit 99.1 and incorporated herein
  by reference.
  
          2.  On June 30, 1998, E*TRADE entered into an agreement with SOFTBANK
  CORP., a Japanese corporation, to license certain E*TRADE trademarks and
  technology for the development of an online investing service provider in Korea.
  A copy of the press release announcing the agreement is attached hereto as
  Exhibit 99.2 and incorporated herein by reference.
  
          3.  On July 6, 1998, E*TRADE entered into an agreement to acquire
  ShareData Inc., a California corporation ("ShareData"), pursuant to a merger of
  SDI Acquisition Corporation, a wholly-owned subsidiary of E*TRADE, with and into
  ShareData. The acquisition is subject to the satisfaction of certain conditions.
  A copy of the press release announcing the agreement to acquire ShareData is
  attached hereto as Exhibit 99.3 and incorporated herein by reference.
  
          4.  On July 9, 1998, E*TRADE entered into an agreement to issue and sell
  15,649,922 shares of its common stock to SOFTBANK CORP., a Japanese corporation,
  for an aggregate purchase price of $400 million (the "Stock Purchase
  Agreement"). A copy of the Stock Purchase Agreement is attached hereto as
  Exhibit 10.1 and incorporated herein by reference. A copy of the press release
  announcing the Stock Purchase Agreement is attached hereto as Exhibit 99.4 and
  incorporated herein by reference.
  
  Item 7  FINANCIAL STATEMENTS AND EXHIBITS
  ------  ---------------------------------
  <TABLE> 
  <CAPTION> 
     (c)  Exhibits.    The following documents are filed as exhibits to this
          --------     report: 
  <S>                   <C> 
            10.1        Stock Purchase Agreement dated as of July 9, 1998 by and
                        between E*TRADE and SOFTBANK CORP.
  
            99.1        Press Release, dated June 11, 1998, issued by E*TRADE
                        announcing the agreement to form a joint venture company
                        in the United Kingdom.
  
            99.2        Press Release, dated July 9, 1998, issued by E*TRADE
                        announcing the agreement with SOFTBANK CORP. to license
                        certain E*TRADE trademarks and technology in Korea.
  </TABLE> 
  <PAGE>
   
  <TABLE> 
  <S>                   <C> 
            99.3        Press Release, dated July 6, 1998, issued by E*TRADE
                        announcing the agreement to acquire ShareData, Inc.
  
            99.4        Press Release, dated July 10, 1998, issued by E*TRADE
                        announcing the agreement for sale of 15,649,922 shares of
                        common stock of E*TRADE to SOFTBANK CORP.
  </TABLE> 
  <PAGE>
   
                                   SIGNATURES
  
    Pursuant to the requirements of the Securities Exchange Act of 1934, the
  registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  
  
                                            E*TRADE Group, Inc.
                                               (Registrant)
  
  Date:  July 16, 1998                 By:  /s/ Leonard C. Purkis
                                            ------------------------------
                                            Leonard C. Purkis
                                            Title:  Chief Financial Officer
  <PAGE>
   
                                   EXHIBIT INDEX
  
  <TABLE> 
  <CAPTION> 
    Exhibit    Description
    -------    -----------
  <S>          <C> 
       10.1    Stock Purchase Agreement dated as of July 9, 1998 by and
               between E*TRADE and SOFTBANK CORP.
  
       99.1    Press Release, dated June 11, 1998, issued by E*TRADE
               announcing the agreement to form a joint venture company in
               the United Kingdom.
  
       99.2    Press Release, dated July 9, 1998, issued by E*TRADE
               announcing the agreement with SOFTBANK CORP. to license
               certain E*TRADE trademarks and technology in Korea.
  
       99.3    Press Release, dated July 6, 1998, issued by E*TRADE
               announcing the agreement to acquire ShareData, Inc.
  
       99.4    Press Release, dated July 10, 1998, issued by E*TRADE
               announcing the agreement for sale of 15,649,922 shares of
               common stock of E*TRADE to SOFTBANK CORP.
  </TABLE>
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metadata_filer: {"company-data": {"conformed-name": "E TRADE GROUP INC", "cik": "0001015780", "assigned-sic": "6211", "irs-number": "942844166", "state-of-incorporation": "DE", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-11921", "film-number": "98667836"}, "business-address": {"street1": "FOUR EMBARCADERO PLACE 2400 GENG ROAD", "city": "PALO ALTO", "state": "CA", "zip": "94303", "phone": "6508422500"}, "mail-address": {"street1": "FOUR EMBARCADERO PLACE 2400 GENG ROAD", "city": "PALO ALTO", "state": "CA", "zip": "94303"}}
text: SECURITIES AND EXCHANGE COMMISSION
   
                              Washington, D.C. 20549
   
   
                                  _______________
   
   
                                     FORM 8-K
   
                                  CURRENT REPORT
   
   
                      PURSUANT TO SECTION 13 OR 15(d) OF THE
   
                          SECURITIES EXCHANGE ACT OF 1934
  
  Date of Report (Date of earliest event reported) JUNE 3, 1998
                                                   ------------
  
                                E*TRADE GROUP, INC.
  --------------------------------------------------------------------------------
                (Exact name of registrant as specified in charter)
  
         DELAWARE                         1-11921               94-2844166
  --------------------------------------------------------------------------------
  (State or other jurisdiction          (Commission            (IRS Employer
       of incorporation)                File Number)        Identification No.)
  
       FOUR EMBARCADERO PLACE, 2400 GENG ROAD, PALO ALTO, CALIFORNIA      94303
  --------------------------------------------------------------------------------
               (Address of principal executive offices)                (Zip Code)
  
  Registrant's telephone number, including area code    (650) 842-2500
                                                        --------------
  
                                  NOT APPLICABLE
  --------------------------------------------------------------------------------
          (Former name or former address, if changed since last report.)
  Item 5  OTHER EVENTS
  ------  ------------
  
          1.  On June 3, 1998, E*TRADE Group, Inc. ("E*TRADE") entered into an
  agreement with E*TRADE UK (Holdings) Limited ("E*TRADE UK"), Providence
  Investment Company Limited and certain shareholders of Electronic Share
  Information Limited to form a joint venture company in the United Kingdom, the
  purpose of which is to provide online investing services in the United Kingdom.
  As part of the agreement, E*TRADE will have a 27.7% ownership interest in
  E*TRADE UK. A copy of the press release announcing the agreement to form the
  joint venture company is attached hereto as Exhibit 99.1 and incorporated herein
  by reference.
  
          2.  On June 30, 1998, E*TRADE entered into an agreement with SOFTBANK
  CORP., a Japanese corporation, to license certain E*TRADE trademarks and
  technology for the development of an online investing service provider in Korea.
  A copy of the press release announcing the agreement is attached hereto as
  Exhibit 99.2 and incorporated herein by reference.
  
          3.  On July 6, 1998, E*TRADE entered into an agreement to acquire
  ShareData Inc., a California corporation ("ShareData"), pursuant to a merger of
  SDI Acquisition Corporation, a wholly-owned subsidiary of E*TRADE, with and into
  ShareData. The acquisition is subject to the satisfaction of certain conditions.
  A copy of the press release announcing the agreement to acquire ShareData is
  attached hereto as Exhibit 99.3 and incorporated herein by reference.
  
          4.  On July 9, 1998, E*TRADE entered into an agreement to issue and sell
  15,649,922 shares of its common stock to SOFTBANK CORP., a Japanese corporation,
  for an aggregate purchase price of $400 million (the "Stock Purchase
  Agreement"). A copy of the Stock Purchase Agreement is attached hereto as
  Exhibit 10.1 and incorporated herein by reference. A copy of the press release
  announcing the Stock Purchase Agreement is attached hereto as Exhibit 99.4 and
  incorporated herein by reference.
  
  Item 7  FINANCIAL STATEMENTS AND EXHIBITS
  ------  ---------------------------------
  (c)  Exhibits.    The following documents are filed as exhibits to this
          --------     report:
  10.1        Stock Purchase Agreement dated as of July 9, 1998 by and
                        between E*TRADE and SOFTBANK CORP.
  
            99.1        Press Release, dated June 11, 1998, issued by E*TRADE
                        announcing the agreement to form a joint venture company
                        in the United Kingdom.
  
            99.2        Press Release, dated July 9, 1998, issued by E*TRADE
                        announcing the agreement with SOFTBANK CORP. to license
                        certain E*TRADE trademarks and technology in Korea.
  99.3        Press Release, dated July 6, 1998, issued by E*TRADE
                        announcing the agreement to acquire ShareData, Inc.
  
            99.4        Press Release, dated July 10, 1998, issued by E*TRADE
                        announcing the agreement for sale of 15,649,922 shares of
                        common stock of E*TRADE to SOFTBANK CORP.
  SIGNATURES
  
    Pursuant to the requirements of the Securities Exchange Act of 1934, the
  registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  
                                            E*TRADE Group, Inc.
                                               (Registrant)
  
  Date:  July 16, 1998                 By:  /s/ Leonard C. Purkis
                                            ------------------------------
                                            Leonard C. Purkis
                                            Title:  Chief Financial Officer
  EXHIBIT INDEX
  Exhibit    Description
    -------    -----------
  10.1    Stock Purchase Agreement dated as of July 9, 1998 by and
               between E*TRADE and SOFTBANK CORP.
  
       99.1    Press Release, dated June 11, 1998, issued by E*TRADE
               announcing the agreement to form a joint venture company in
               the United Kingdom.
  
       99.2    Press Release, dated July 9, 1998, issued by E*TRADE
               announcing the agreement with SOFTBANK CORP. to license
               certain E*TRADE trademarks and technology in Korea.
  
       99.3    Press Release, dated July 6, 1998, issued by E*TRADE
               announcing the agreement to acquire ShareData, Inc.
  
       99.4    Press Release, dated July 10, 1998, issued by E*TRADE
               announcing the agreement for sale of 15,649,922 shares of
               common stock of E*TRADE to SOFTBANK CORP.