New York CNN Business — Zero is now the hottest number in the online brokerage industry. “With this new commission schedule we are further raising the bar, delivering an unrivaled experience at price points that cannot be beat—main street investors will now trade the stocks and ETFs of their choice for $0,” said E-Trade CEO Mike Pizzi in a statement. …
New York CNN Business — An all-out price war has hit the brokerage industry as both Charles Schwab and TD Ameritrade have announced they will eliminate commissions for certain securities. Schwab’s news comes a week after rival Interactive Brokers Group rolled out its new IBKR Lite service, which also eliminated commissions for US-listed stocks and ETFs. “Eliminating commissions ensures my …
