Fidelity ® Significantly Cuts Online U.S. Equity Trade Pricing to $4.95 and Lowers Options and Margin Pricing for Retail Clients; Reaffirms Its Commitment to Provide the Best Overall Value in Brokerage Industry

Reaffirming its longstanding commitment to provide the best overall value in the industry, Fidelity Investments®, the largest online brokerage firm with 17.9 million accounts and $1.7 trillion in total client assets2, today significantly reduced online retail commissions for U.S. stock and ETF trades to $4.95, down from $7.95, making it the lowest-priced provider among major retail competitors, including TD Ameritrade, Schwab and E*Trade3. Fidelity also reduced option pricing to $0.65 per contract4, down from $0.75, and lowered margin rates across multiple tiers, making both the lowest price among its major retail competitors.