TDAmeritrade and Etrade also announced $0 commissions in response. Both brokers also had severe drops in their stock price, with TDA losing about 20% in a day.

TDAmeritrade and Etrade also announced $0 commissions in response. Both brokers also had severe drops in their stock price, with TDA losing about 20% in a day. Seems the entire retail brokerage industry changed within 48 hours.