US online brokers still profiting from 'dumb money'

By
Follow google news

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 runs early test of "frontier" AWS AI agent

CBA runs early test of "frontier" AWS AI agent

Macquarie Group unveils Dexd, its "developer experience daemon"

Macquarie Group unveils Dexd, its "developer experience daemon"

ASX to reset transformation after scathing review

ASX to reset transformation after scathing review

HESTA draws APRA's ire over massive tech replatforming project

HESTA draws APRA's ire over massive tech replatforming project

Log In

  |  Forgot your password?