February 03, 2017 BY LeapRate Staff

US online retail broker shares hit by commission war

Shares of leading publicly traded US online retail brokers traded down between 2-10% yesterday, including those of Charles Schwab Corp (NYSE:SCHW), E*TRADE Financial Corp (NASDAQ:ETFC), Interactive Brokers Group, Inc. (NASDAQ:IBKR, )and TD Ameritrade Holding Corp. (NYSE: AMTD). Thursday's trading results included: Schwab: -5.3% E*Trade: -8.9%  TD Ameritrade: -9.5% Interactive Brokers: -1.9% The cause? Well it looks…

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