TD Ameritrade Reduces Client Pricing to $6.95 for Online Equity Trades

TD Ameritrade press release ----- TD Ameritrade Holding Corporation (NASDAQ:AMTD) announced yesterday that it will reduce its online equity and ETF trade commissions from $9.99 to $6.95, and lower options pricing to $6.95 plus $0.75 per contract effective March 6, 2017. “There is an effort underway in our industry to redefine value. While some are leading with price, our clients tell us it’s much more than that,” said Tim Hockey, president and chief executive officer of TD Ameritrade. “They have told us time and again that value is delivered via rich experiences that prioritize flexibility and client choice, coupled with a simple, straightforward price. We have an award-winning client offering, plus tremendous scale. With our pending acquisition of Scottrade on the horizon, we have a unique opportunity to enhance that experience even further with lower pricing for all of our clients.” To learn more click on the picture below to read the release.