Anyone else been noticing how so many of the Canadian brokers have been suddenly jumping onto the "active trader" pricing bandwagon? The original lower cost solutions in Canada were IB, Questrade and Trade Freedom (in that order). We're seeing a large advertising campaign by Etrade, TD Waterhouse has already launched lower commissions, and tonight I noticed that BMO InvestorLine also issued a press release at the end of March announcing lower commissions effective July 1 for active traders. Probably worth noting that BMO undercut TD (BMO requires 30 trades/quarter for active trader status, TD requires 150/quarter , wonder if TD will respond?). While it's great to finally see some progress with Canadian brokers, I wonder if this is quite enough? The problem I see is that a trader under most of these new schemes would need to make a large quantity of trades in order to qualify for the lower prices, at much higher prices. So we're talking about 30+ trades per quarter at $20-$30 each before you could qualify for the $10/trade commissions. Anyone else have some thoughts regarding this? Will we see some further price action by some of the smaller brokerages?