{"id":56839,"date":"2017-02-28T07:23:58","date_gmt":"2017-02-28T12:23:58","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=56839"},"modified":"2017-02-28T07:23:58","modified_gmt":"2017-02-28T12:23:58","slug":"fidelity-slashes-commissions-in-the-latest-salvo-in-the-fee-wars-2","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2017\/fidelity-slashes-commissions-in-the-latest-salvo-in-the-fee-wars-2.html","title":{"rendered":"Fidelity Slashes Commissions in the Latest Salvo in the Fee Wars"},"content":{"rendered":"<div>\n<p>(Bloomberg) Fidelity Investments is lowering online commissions for trading in U.S. stock and exchange-traded funds by nearly 40 percent, to $4.95 from $7.95 a trade for individual investors. The nation&#8217;s largest online retail brokerage firm, with 17.9 million accounts and $1.7 trillion in client assets as of Dec. 31, is also cutting options pricing to 65 cents from 75 cents a contract and lowering margin rates for investors.<\/p>\n<p>The new commission pricing is 50 percent lower than standard commission trades at E*Trade Securities LLC and Ameritrade Holding Corp. and 28 percent lower than at Charles Schwab Corp., said Ram Subramaniam, president of Fidelity&#8217;s retail brokerage business.<\/p>\n<p>To read the entire article, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-02-28\/fidelity-slashes-commissions-in-the-latest-salvo-in-the-fee-wars\">click here<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Fidelity Investments is lowering online commissions for trading in U.S. stock and exchange-traded funds by nearly 40 percent, to $4.95 from $7.95 a trade for individual investors. The nation&#8217;s largest online retail brokerage firm, with 17.9 million accounts and [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-56839","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=56839"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56839\/revisions"}],"predecessor-version":[{"id":56840,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56839\/revisions\/56840"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=56839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=56839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=56839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}