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Re: Lowest commission rates...



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Norman

A couple of questions:
How about silver?, I was thinking about buying 5.80 M.I.T. Is it time yet?
OEX Options, How do they trade? I have'nt used them. What is the contract
size?
Do I buy them(to open) through my stock (Brown & Co.) broker, not my
futures house?

Thank you!, Where have you been lately??

Steve

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> From: nwinski <nwinski@xxxxxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Re: Lowest commission rates...
> Date: Saturday, January 03, 1998 5:10 PM
> 
> 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