When Charles Schwab scrapped commission fees for stock trades last month, the firm added 142,000 new brokerage accounts—31% more than the month prior. @illscience & @seema_amble unpack why giving up margins can be a smart business move for incumbent banks: https://t.co/dJMsVqZdV5
— a16z (@a16z) November 22, 2019
from Twitter https://twitter.com/a16z
November 22, 2019 at 08:42AM
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