Zero-Commission Trading: What Investors Should Know
Recently, Interactive Brokers (NYSEMKT: IBKR) and Schwab (NYSE: SCHW) got rid of stock trading commissions, creating a major shake-up in the brokerage industry, and competitors TD Ameritrade (NASDAQ: AMTD) and E*Trade (NASDAQ: ETFC) quickly followed suit.
In this Industry Focus: Financials clip, host Jason Moser and Fool.com contributor Matt Frankel, CFP, discuss what this news means to individual investors and to the brokerage industry as a whole.
To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video.
Source Fool.com
