介绍： The price war was swift and brutal, lasting less than eight weeks.

这场价格战迅速又残酷，持续了还不到8周的时间。
On October 1st Charles Schwab said it would no longer charge retail customers for trading shares,
10月1日，嘉信理财表示其将不再向网上交易股票、
exchange-traded funds or options online, forgoing $4...

介绍： The price war was swift and brutal, lasting less than eight weeks.

这场价格战迅速又残酷，持续了还不到8周的时间。
On October 1st Charles Schwab said it would no longer charge retail customers for trading shares,
10月1日，嘉信理财表示其将不再向网上交易股票、
exchange-traded funds or options online, forgoing $4.95 a trade.
交易型开放式指数基金或期权的散户收取费用，每笔交易放弃了4.95美元。
The share price of America's biggest discount broker dropped by nearly a tenth.
美国最大的折扣经纪的股价下跌了近十分之一。
That of its big rival, TD Ameritrade, suffered more, plunging by a quarter. TD Ameritrade followed in eliminating commissions two days later.
其最大的竞争对手德美利证券的损失更大，其股价下跌了四分之一。在两天后德美利证券也取消了佣金。
It had little choice, though it reckoned the move would cut its revenue by $220m-240m a quarter, or 15-16%.
它别无选择，尽管它估计此举将使其收入每季度减少2.2亿至2.4亿美元，即15-16%。
On November 25th came a truce, and surrender: Schwab agreed to buy TD Ameritrade for $26bn in shares.
11月25日双方休战投降：嘉信理财同意以260亿美元的价格收购德美利证券。
The deal combines Schwab's 12.1m brokerage accounts with TD Ameritrade's 12m.
这笔交易将嘉信理财的1210万经纪账户与德美利证券的1200万账户合并。
It will unite two platforms used by independent financial advisers—7,500 on Schwab's, 7,000 on TD Ameritrade's—

该交易将合并两个独立金融顾问—嘉信理财的7500个，美国德美利证券的7000个—
for trading, market information and regulatory updates.
用于交易、市场信息和监管更新的两个平台。