A pretty inescapable conclusion of research into discount brokerages: the commission on stock/ETF trades will go to zero. Too many players have too good economics elsewhere in the stack. This will hit brokerages very unevenly; some barely care about commissions.
-
Show this thread
-
Replying to @patio11
Now I'm having flashbacks to 1999, where people said exactly the same thing, except not on Twitter because it hadn't been invented yet.
1 reply 0 retweets 0 likes
Replying to @apenwarr
The fees at discount brokerages are, on a nominal basis, down by 50%+ since 1999. On an inflation-adjusted basis that's like 80%. That's measuring the low-cost option to what is no longer the lowest cost option.
9:10 PM - 23 Jun 2019
0 replies
0 retweets
3 likes
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.