US online brokers still profiting from 'dumb money'

By

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

US online brokers still profiting from 'dumb money'
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:

Most Read Articles

CBA's leaders are keeping a close watch on AI metrics

CBA's leaders are keeping a close watch on AI metrics

Westpac turns to AIOps and event-driven automation

Westpac turns to AIOps and event-driven automation

Suncorp deploys Duck Creek at AAMI

Suncorp deploys Duck Creek at AAMI

IAG uses GenAI to decide whether to send tradies for 'make safe' repairs

IAG uses GenAI to decide whether to send tradies for 'make safe' repairs

Log In

  |  Forgot your password?