US online brokers still profiting from 'dumb money'

By on
US online brokers still profiting from 'dumb money'

But controversial new source of broker revenue has drawn regulatory scrutiny.

People who trade stocks online cheered last week when several large retail brokers slashed stock-trading commissions to zero, a move made possible, in part, by a controversial source of broker revenue that has drawn regulatory scrutiny. Charles Schwab Corp, TD Ameritrade Holding Corp and E*Trade ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
etrade finance nasdaq nyse software

Most Read Articles

Massive CBA outage traced to failed infrastructure upgrade

Massive CBA outage traced to failed infrastructure upgrade
Telstra says Australia would have gotten 100Mbps without NBN

Telstra says Australia would have gotten 100Mbps without NBN
Border Force autopsy reveals cause of IT outage at Aussie airports

Border Force autopsy reveals cause of IT outage at Aussie airports
Inside Dexus' plush new corporate co-working digs

Inside Dexus' plush new corporate co-working digs
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Your Microsoft Security journey starts here
Your Microsoft Security journey starts here
Is your AWS framework well-architected?
Is your AWS framework well-architected?
Why you should reassess your cybersecurity posture
Why you should reassess your cybersecurity posture
How will you manage the cloud data deluge?
How will you manage the cloud data deluge?
Follow these steps to prevent targeted attacks
Follow these steps to prevent targeted attacks

Events

Log In

Username / Email:
Password:
  |  Forgot your password?