CIBC Investor Services Inc. has lowered its trading fees for CIBC Investor’s Edge clients who waive their suitability rights.

Effective immediately, online investors will now pay a new low flat rate of only $25 to trade up to 1,000 shares of any Canadian or U.S. stock. The new low price is available to Investor’s Edge clients who have agreed to waive suitability reviews and who place their orders online or through CIBC’s automated touch tone or speech recognition telephone service.

Clients who choose to have CIBC Investor Services assess their trades for suitability with their investment objectives will continue to pay the current fees for their online equity trades.

“Accessibility, faster trade execution, reliable performance — at a fair price — are key priorities for our self-directed clients,” says Donna Lalumière, president & CEO, CIBC Investor Services Inc. “With our new pricing structure and other recent enhancements we’re able to offer clients lower trading fees, faster order processing and an enhanced, dependable website.”

The $25 flat fee is a $3 reduction from the current trading fee. Other changes to the pricing structure include a reduction in the commission for trades greater than 1000 shares. Stocks traded at a price of $2.01 and over are now charged 2.5¢ per share, down from 3¢. As well, a minimum commission of $25 (CDN or U.S.) is applied to all trades with a principal value of less than $2,000.