It's underrated how 0$ commissions increase transaction activity on various platforms. ex: Robinhood wouldn't have nearly as much trading activity without 0$ commissions. DashPass subscribers orders 3x more than non DashPass subs.
Many think COVID work from home & stimmy checks caused the retail trading tsunami, but $0 commissions arguably had a bigger impact than either
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for sure which is why the return of sports haven't taken away much trading activity from public markets
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It’s odd because a $4 fee to trade is fairly de minimus
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didn’t the zero commission stuff from big brokers predate covid? You could look at that
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