Is zero commission trading doomed now?
I don’t think so, but who knows?....................
It’s all but dead.
Hope not
[Is zero commission trading doomed now?]
That was my first reaction, too. The big fish swallow up the low-cost little fish, then the big fish get the commissions going again.
I had no idea about this: "brokerage industry that collectively lowered trading commissions to zero last year." The ENTIRE industry had ZERO commission? To get to an average of zero, that means that everybody charged zero or there were some negative commissions to offset some positive commissions. How is it possible that the entire industry charged zero?
Not likely because it has become an industry standard. Low transaction costs make it possible, with firms looking to banking and other services for profit.