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----- Original Message -----
From: "Jacobson, Alex" <AJacobson@xxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, April 24, 2003 3:33 PM
Subject: RE: [RT] Option order cancellation fees
> That's why you have a cancellation fee vs.. an overall fee change.
>
> -----Original Message-----
> From: jafeilbach@xxxxxxx [mailto:jafeilbach@xxxxxxx]
> Sent: Wednesday, April 23, 2003 8:34 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re: [RT] Option order cancellation fees
>
>
> Alex, I understand everything youy say. But you have to see how Earl is
> correct also. What you state below, as the "core issue", is what should
be
> dealt with in a better manner. Go after the "handful of folks", and
> penalize as few others as possible, instead of every small trader.
>
>
> In a message dated 4/23/2003 3:10:39 PM Central Daylight Time,
> AJacobson@xxxxxxxxxxxxxx writes:
>
>
>
> The core issue here is the industry has a handful of folks who abuse the
> system ...... we can argue forever about what abuse is, but this fee will
> not apply to about 98% of the brokerage firms that trade options.
>
>
>
>
>
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