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PureBytes Links
Trading Reference Links
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Here is a URL to help you compare on-line trading + & - for services
offered by the various brokerage firms available.
Robert
http://cbs.marketwatch.com/news/primer/stocks/primer_brokers.htx?source=htx/
http2_mw
At 10:56 AM 5/4/1999 -0400, Bob Fulks wrote:
>At 4:25 AM -0400 5/4/99, Joe Frabosilio wrote:
>
>>I hope this is not a joke that I'm falling into.
>
>>The complaint is, lets say you place a trade for 1000 shares of ABC stock
>>@$20.limit order. The brokerage says that it only charges $15 per trade
>>upto 5000 shares. So, you place your trade, your fills are
>>500,150,50,200,100= 1000 shares. In the past you only paided $15 total.
>>Now with the new commissions schedule you pay $15 * 5=$75 for that one
>>trade. Thats the complaint.
>
>
>This is not correct, at least according to Fidelity this morning.
>
>If you place an order for 1000 shares, you get charged one $15 commission
>no matter how many partial fills it takes to complete the order.
>
>The change was that previously, you could trade the same stock several
>times a day for one commission. Now there is a $15 commission for each
>order you place. (This is for their "frequent trader" program called
>"Spartan".)
>
>Bob Fulks
>
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