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Effective January 19, electronic equity trade pricing of $8.95 will be available to clients who have less than $1 million in household assets at Schwab, provided they are enrolled in eDelivery. This lower rate is part of Schwab's pledge to providing simple and straightforward pricing that helps us better serve you.
Standard pricing for electronic trades including automated phone is two-tiered and determined by the client’s household assets and other eligibility requirements.
- For account holders with $1MM+ in household assets, electronic equity pricing is $8.95 per trade.
- For account holders with <$1MM in household assets whose accounts are enrolled in eDelivery (eConfirms and eStatements), electronic equity pricing is $8.95 per trade
- For account holders with <$1mm in household assets whose accounts are not enrolled in eDelivery (eConfirm and eStatement), electronic equity pricing is $19.95 for the first 1,000 shares, plus $.015 per share thereafter.
The $8.95 flat commission does not apply to large block transactions requiring special handling.
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