Free Stock Trading

Bank of Americ and Zecco both are offering free online trading

Maybe Zecco was right and stock trades really are a commodity now. Today, Bank of America announced that they will be offering 30 free online trades a month for customers with at least $25,000 in combined deposits. Not surprisingly, shares of discount brokerages like E-Trade (ET) and Ameritrade (AMTD) are not doing so hot, both down ~10% today.

It’s only available in the Northeast at first, nationwide later.

Source: http://www.mymoneyblog.com/archives/2006/10/bank-of-america-offers-free-online-trades-too.html