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Tue Oct 1, 2019, 05:48 PM

Backseat Driver (2,795 posts)

Schwab Announces Zero-Fee Stock Trades; Schwab Dives; TD Ameritrade, E-Trade Crash

https://finance.yahoo.com/m/d1808c5d-f955-3515-af19-6f007c59ed1d/schwab-announces-zero-fee.html

Really? Handing out "free play" at the casino - better the mattress and/or the bulk pantry-stable grocery store.

3 replies, 1193 views

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3 replies	Author	Time	Post
Schwab Announces Zero-Fee Stock Trades; Schwab Dives; TD Ameritrade, E-Trade Crash (Original post)	Backseat Driver	Oct 2019	OP
Payment for order flow...	PoliticAverse	Oct 2019	#1
Yup. Robin Hood is eating their lunch.	Lucky Luciano	Oct 2019	#3
They use that to get you in the door	customerserviceguy	Oct 2019	#2

Response to Backseat Driver (Original post)

Tue Oct 1, 2019, 05:52 PM

PoliticAverse (26,003 posts)

1. Payment for order flow...

https://www.bloomberg.com/quicktake/payment-for-order-flow

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Response to PoliticAverse (Reply #1)

Tue Oct 1, 2019, 08:19 PM

Lucky Luciano (10,710 posts)

3. Yup. Robin Hood is eating their lunch.

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Response to Backseat Driver (Original post)

Tue Oct 1, 2019, 08:03 PM

customerserviceguy (25,182 posts)

2. They use that to get you in the door

then they can prey on you for the commission stuff.

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Economy (Group)