CNBC: Fidelity and Schwab cut trading commissions on more ETF

The price war between major U.S. brokerages heated up Tuesday after Charles Schwab and Fidelity both announced they would expand commission-free trading to hundreds more exchange-traded funds.

Both companies said they would make around 500 ETFs available for trading at no cost, each doubling the amount of funds in their offerings. The funds being added include hundreds of iShares ETFs, products developed by BlackRock, the world’s biggest asset manager.

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