With commissions getting cheaper and cheaper...How low can they get? Is it becoming cheaper for firms to clear trades? And they are then passing the savings on to the trader?
With commissions getting cheaper and cheaper...How low can they get? Is it becoming cheaper for firms to clear trades? And they are then passing the savings on to the trader?
You are 100% correct. We recently negotiated a better rate with our clearing firm (Computer Clearing Services -CCS) and we pass those savings down to our traders.
Base Commission: $5 per 1000 shares
NYSE Direct: FREE
NYSE SDOT: FREE
AMEX Direct: FREE
Island: FREE
SOES: $2 per 1000 shares
ARCA: $2 per 1000 shares
Trac: $3 per 1000 shares
NTRD: $3 per 1000 shares
BRUT: $5 per 1000 shares
BTRD: $5 per 1000 shares
DORS: $5 per 1000 shares
ATTN: $9 per 1000 shares
BULLETS: $15 per 1000 shares
Cancels: FREE
