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Chuck Jaffe: Investors Earn Small Victory – And More Profits – With Zeroed Commissions

FYI: To make the most of the brokerage industry’s recent change that moved many commissions down to nothing, investors mostly want to act as if nothing has happened.

But something has swept through the brokerage industry in recent weeks, as Charles Schwab announced on Oct. 1 that it would be ending commissions for trades on stocks and ETFs, erasing $4.95 flat fees completely, and cutting the base commission on options trades to zero too, while leaving in place a charge of 65 cents per contract.
Regards,
Ted
https://www.seattletimes.com/business/investors-earn-small-victory-and-more-profits-with-zeroed-commissions/
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