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Other brokers don't want to hurt their margins. Etrade made 614 million in profit in 2017. 19% of revenue was from order commissions, or roughly 449 million. S
by argonaut 8y ago
Other brokers don't want to hurt their margins.
Etrade made 614 million in profit in 2017. 19% of revenue was from order commissions, or roughly 449 million. So Etrade could eliminate commissions and still remain profitable. https://en.wikipedia.org/wiki/E-Trade https://en.wikipedia.org/wiki/E-Trade