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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (62668)	10/10/2019 8:50:21 AM
From: E_K_S	Respond to of 78478

E-brokers on the rise after Fidelity joins in with commission-free trades Oct. 10, 2019 8:13 AM ET\|About: TD Ameritrade Holding Corpo... (AMTD)\|By: Liz Kiesche, SA News Editor E-brokers rise in the premarket, now that all the major players are on-board with commission-free online trades. TD Ameritrade (NASDAQ: AMTD) gains 2.2%, E*Trade (NASDAQ: ETFC) rises 1.5%, and Charles Schwab is up 0.6%. Smaller Interactive Brokers (NASDAQ: IBKR), which launched its Lite zero-commission services on Sept. 26, falls 1.0%. ---------------------------------------------------------- When I asked Schwab about lost Revenues they said it was somewhere near 13% vs AMTD at 35%. Their margin interest fees can be North of 10%. I do not use margin but the rates are very high especially when compared to Treasury rate now.