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E*TRADE Announces Base Rate and Active Trader Commission Reductions

Mar 02, 2017 - Business Wire

E*TRADE Financial Corporation (NASDAQ:ETFC) announced today a significant reduction to its trade commissions to $6.95, down from $9.99. Further, the Company is introducing an active trading program and pricing tier for its most engaged customers who execute 30+ trades per quarter (down from a previous active trading tier of 150+ trades per quarter). In this new customer tier commissions for trades will be $4.95, and options charges will be $0.50 per options contract, down from $0.75. The new pro...