Grand Theft Auto Comes to Farmville, The Hidden Costs of Trading
Motley Fool Money
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The Evolution of Trading Costs
This chapter examines the historical journey of trading costs from commission-based systems to today's zero-cost trading. It highlights significant changes, including the dismantling of price-fixing practices by the New York Stock Exchange in 1975 and the rise of discount brokerages. Additionally, it discusses hidden costs in modern trading platforms, the behavioral biases affecting investor decisions, and warns of the potential pitfalls in a landscape that often appears free.
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