E*Trade Cuts Trading Fees, Commissions
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Online banking and brokerage firm E*Trade Financial Corp.  on Tuesday unveiled broad cuts to its transaction fees as part of a strategy to attract retail investors and options traders.
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The New York Stock Exchange, which is battling the rival Nasdaq Stock Market for listings, plans to eliminate fees of as much as $250,000 for companies that transfer to the Big Board.
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Charles Schwab Corp. SCH.N, the  largest online brokerage, on Friday said it would cut its  online stock-trading commissions by 35 percent for small  investors, the latest volley in a price war among brokers.
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In its effort to cut down on the type of rapid, short-term trades in mutual funds that were at the center of the industry's market-timing scandal, Fidelity Investments has imposed new fees so stringent that major clients such as the Coca-Cola Co. 401(k) retirement plan have stopped investing in Fidelity's funds.
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Online bank and brokerage E*Trade  Financial Corp. said on Tuesday it has launched a pilot global  trading platform that gives U.S. retail customers electronic  access to foreign stocks and currencies in international  markets.
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Charles Schwab Corp. on Monday said its brokerage unit will cut its base online stock-trading fee to $19.95 from $29.95, starting Nov. 1. The price cut could reduce revenue by 2 percent for the next 12 months
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The New York Stock Exchange said on  Thursday it instituted downside trading curbs as U.S. stocks  fell sharply in early trading.
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The Charles Schwab Corporation said yeserday that it would reduce commissions on most online trades by a third as it strives to retain customers.
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Charles Schwab Corp. SCH.N, the  largest online brokerage, on Friday said it would cut online  stock-trading commissions by 35 percent for small investors,  the latest volley in a price war among brokers and a move that  will reduce the firm's revenue.
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U.S. stock markets and the electronic trading platforms that compete with them enter a new era Monday as regulations take effect to level the playing field for all types of exchanges.
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New rules aim to keep brokerages on the straight and narrow.
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The Securities and Exchange  Commission suspended trading on Thursday in the stocks of 35  small companies linked to spam e-mail campaigns urging small  investors to buy shares.
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EBay will cut fees for sellers of books, music, movies and games. But it is defending the changes to the feedback system that have so many sellers angry that they are planning a boycott.
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EBay Inc. bowed to pressure Monday from some of its high-volume sellers, saying it will further cut listing fees for books, music, movies and video games sold through the online auction site.