Monday, November 25, 2019

Broker war ceasefire

Remember when I made this post about competition spurring online brokers to race to the bottom and offer their customers zero-dollar-commission trades?

Well, that war didn't last long.  I found out today that TD Ameritrade has been bought out by Schwab.


Charles Schwab to buy TD Ameritrade in a $26 billion all-stock deal


So, at some point in 2020, I guess I'll have a Schwab account.  And I was just starting to feel at home on the TD Ameritrade site since its acquisition of my Scottrade account.  *sigh*

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