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Economy

Backseat Driver

(4,393 posts) Tue Oct 1, 2019, 05:48 PM Oct 2019

1

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

= new reply since forum marked as read

Highlight:

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

PoliticAverse

(26,366 posts)

1. Payment for order flow...

Reply to Backseat Driver (Original post)

Tue Oct 1, 2019, 05:52 PM

Oct 2019

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

Lucky Luciano

(11,257 posts)

3. Yup. Robin Hood is eating their lunch.

Reply to PoliticAverse (Reply #1)

Tue Oct 1, 2019, 08:19 PM

Oct 2019

customerserviceguy

(25,183 posts)

2. They use that to get you in the door

Reply to Backseat Driver (Original post)

Tue Oct 1, 2019, 08:03 PM

Oct 2019

then they can prey on you for the commission stuff.

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