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Fixed-income: Fidelity cuts bond fees.(Fidelity Investments)(Brief Article)

Research,  January, 2005  by Martin, Robert Scott

Tags: bond, Fidelity Investments

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DISCOUNT BROKERAGE firms are reportedly not happy about financial behemoth Fidelity's decision to cut its online bond trading commissions in half.

The new pricing structure lowers the price Fidelity clients pay to buy or sell Treasury debt online to 50 cents per bond. On the other end of the scale, corporate bonds and mortgage-backed securities now cost $2 and $2.50, respectively, per unit traded.

While Fidelity is not about to abandon its fixed-income mutual funds, the company has built out its individual bond trading business to take ...

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