Bringing you live news and features since 2006 

National Bank Direct Brokerage eliminates commissions for all US-listed ETFs


Clients of National Bank Direct Brokerage, a subsidiary of National Bank of Canada, will now be able to carry out online trades of exchange-traded funds (ETFs) listed on a US market with no commissions.

A year after introducing commission-free trading on ETFs listed in Canada, NBDB is extending this pricing policy to US-listed ETFs to meet the needs of self-directed investors.
Currently, NBDB is the only Canadian online broker to offer commission-free trades on all ETFs listed on Canadian and US stock markets.
There are no restrictions on the account size or number of trades when at least 100 units are being traded.
The objective of this new pricing policy is to allow all investors, regardless of the size of their portfolios, to access an expanded market for ETFs, which replicate the performance of an index, a product or a group of stocks.
“With this unique pricing policy, NBDB is making yet another major change to the online brokerage landscape and continuing to make self-directed investing even more accessible. Our team is very proud to be at the forefront,” says Laurent Blanchard, President of National Bank Direct Brokerage. “More than ever, our aim is to innovate to meet the needs of self-directed investors. It’s our priority and today’s announcement is tangible proof. By saving on commissions, our clients will be able to build their portfolios and grow their wealth. This change benefits all types of investors.”

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by