Tag: Trading Fees


Battle for zero trading fees threatens Robinhood’s business model and next leg of growth

October 4, 2019


A move by major brokerages this week to scrap trading fees could be a direct hit to Robinhood, the start-up that kicked off the trend six years ago. Charles Schwab, TD Ameritrade and E-Trade all announced this week that they […]

Activity, Corporate Banking

JPMorgan Third-Quarter Profit Jumps on Tax Cuts as Trading Fees Fall

October 12, 2018

Via: TheStreet

JPMorgan Chase & Co. (JPM) , the largest U.S. bank, said third-quarter profit jumped 24% from a year earlier thanks to President Donald Trump’s tax cuts even as revenue in its juggernaut trading business slowed. Net income rose to $8.38 […]