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Re: Lowest commission rates...



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Bush, Dean wrote:
> 
> Which options broker within the U.S. has the lowest commission rate, but
> yet provides efficient service?

NW: If I were ever to venture back into the options world, I would open
an account at one of the firms that clears the trades for the market
makers on the floor, thereby eliminating a lot of unnecessary bueracracy
and overhead while getting the same service and rates that the pros get.
To qulaify, you need to have considerable experience and capital. They
will expect that you know what you are doing and will simply provide
fill
and bill services, i.e. no handholding or babysitting. 

Cheers,

Norman


to have considerable exzpe

> Someone posted Dreyfus earlier this month as charging only $15.  I went to
> the Web site and downloaded the application forms, but there was no
> description of the breakdown of commissions (I'm sure that $15 is a base or
> bare minimum fee).
> Thanks for you help.
> Dean
> Dean Bush
> 7433 Beach Drive
> Panama City Beach, FL 32408
> Phone:  (850) 230-DEAN