E trade was launched in 19 80. Twotrade charged about 14 dollar, 95 cent commission for most new york sock exchange market orders. In 98, fidelity charged the same amount, but only if you had a hundred thousand dollars or more in your account and traded more than 12 times a year. Some brokerages also charged more for investors to place a limit order, about five dollars. Eventually this created a race to zero, where trading became free because of robin hood in 20 15.
Take-Two Interactive is buying Zynga in a cash-and-stock deal worth $12.7 billion. Shares of Lululemon fall as the retailer lowers expectations for its next quarterly report. Asit Sharma analyzes those stories, the latest innovation from Deere & Co., and why he's focusing on both capital-light and capital heavy businesses this upcoming earnings season. Later in the show Ricky Mulvey talks with Maria Gallagher about how trading costs can still affect investors in a world where the cost of executing a trade is $0.
Stocks: TTWO, ZNGA, LULU, NKE, DE, UNF, HD, HOOD, AMTD, SCHW
Host: Chris Hill Guests: Asit Sharma, Maria Gallagher Producer: Ricky Mulvey Engineer: Dan Boyd
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