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Joe Frabosilio wrote:
>
> nwinski wrote:
> >
> > Joe Frabosilio wrote:
> > >
> > > Subject: GEN: Stock brokerage
> > > Date: Sun, 18 Jan 1998 20:37:03 -0600
> > > From: Joe Frabosilio <joe6964@xxxxxxxx>
> > > To: realtradters@xxxxxxxxxxxxxx
> > >
> > > Hello Everyone,
> > >
> > > I just found out some news that might be of some interest. Web Street
> > > Securities is offering no commission on Nasdaq stocks, note must trade
> > > 1000 shares and must be $2.00 or more. They also offer Nasdaq level
> > > II. You just pay the exchange fee.
> > >
> > > I don't know about fills.
> > >
> > > Good Trading,
> > > Joe Frabosilio
> >
> > So given that they are not philanthrophists, how do they make their
> > living?
> >
> > Suspiciously,
> >
> > Norman
>
> This is just for Nasdaq stocks, if you don't trade 1000 shares or more
> its 14.95. For NYSE and AMEX its 14.95. If you would like you can call
> them at 1-800-web-trade 24 hours.
>
> Just to let everyone know I'm not trying to sell this brokerage, just
> saw something that might be of interest.
>
> Joe Frabosilio
I forgot, the only way I can see for them to make money, has to be on
the spread.
Joe Frabosilio
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