When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
AMTD - The Race To Zero: Price Wars In The Asset Management Industry
AMTD IDEA Group American Depositary Shares each representing one Class A
There has always been an arms race in the direct investing and asset management industry. As much as companies in the space want to compete on product selection, reputation, or even distribution - the one thing they all seem to be competing on is price. In this article we want to go in more detail about the industry's price war and its implications for long-term investors.
The Price Wars
First, let's take a look at pricing for E-Trade Financial Corporation (ETFC). Stock trading costs $6.95 per trade unless you're a more active trader