Can traders hurt a brokerage by making $?

Quote from akeyla:

Direct access firms make money strictly through commissions and supposedly do not take payment for order flow. Also you control order routing again supposedly.
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You are only kidding yourself if you really believe that even direct access firms dont have soft money deals and payment for order flow deals in place. Thats the way business gets done in todays markets. They actually benefit the customer because it keeps your transactions costs down since they're subsidized by those deals.
 
Quote from drosenthal:


- We charge a flat rate of $9.95 per trade with no per contract commissions. We can make money at these rates and hope to continue to attract active traders.

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Is that $9.95 per leg of a spread? For example, an Iron condor would constitute how many "trades"? One, two or four?
 
Hi Danny.

I use IB's volatility order ticket with auto delta neutral hedging quite a bit. Do you guys offer a similar order type?

How about peg-to-stock with programmable delta update?

Thx,
-Steve
 
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