Sunday, September 19

National Bank

Banking, commission, fee, FP Finance, FP Investor, National Bank, Trading

National Bank becomes the first major Canadian bank to scrap online trading commissions

Breadcrumb Trail Links FP Investor FP Finance Banking Zero-commission online trading for Canadian and US stocks, as well as ETFs puts pressure on rivals Author of the article: Stephanie Hughes National Bank is expected to be the first major Canadian bank to scrap trading fees, putting its competitors on notice. Photo by Ben Nelms/Bloomberg Article content Just in time for Canada's bank earnings season, the country's sixth largest bank is stepping up its game by announcing on Monday that it would be scraping its online trading commissions, calling it the “most competitive online brokerage fee structure on the Canadian market.” Article content Zero-commission trading would take place within clients' direct investments accounts for Canadian and US stocks, as well as exch...