Charles Schwab’s $0 Fee World Reshapes Online-Brokerage Industry

The video discusses Schwab's acquisition of TD Ameritrade in a $26 billion all-stock deal, highlighting the impact of zero commission fees and economies of scale. It explores how Schwab's strategic pricing led to a significant market shift, allowing them to save $6.8 billion. The deal's potential antitrust scrutiny is also mentioned.

What impact did Schwab's announcement to cut fees have on Ameritrade's shares?

How much did Schwab save by cutting its commissions to zero?