| Title: | Market Investing |
| Moderator: | 2155::michaud |
| Created: | Thu Jan 23 1992 |
| Last Modified: | Thu Jun 05 1997 |
| Last Successful Update: | Fri Jun 06 1997 |
| Number of topics: | 1060 |
| Total number of notes: | 10477 |
Would someone please post a 'standard' commission rate schedule? I
realize it's all deregulated but when an ad from a discount broker says
they'll save you 70% - it's 70% compared to what? Thanks.
| T.R | Title | User | Personal Name | Date | Lines |
|---|---|---|---|---|---|
| 568.1 | Compared to Full Commission Houses... | SWLAVC::HOSSEINI | Fri Sep 10 1993 13:20 | 14 | |
I don't think there is such thing as standard commissions. However,
when a discount broker claims to save you money they are comparing with
full commission brokers. The one I use "Kennedy Cabbot & Co." here
in Los Angeles Charges: (for any stock at any price:)
1 - 99 (odd lots) $20 + $3 (handling fee)
100 - 999 $30 "
1000 - 2000 $0.03/shr (minimum $30)
Over 2000 $0.02/shr
Hossein
| |||||