N NanoTick Jan 23, 2007 #1 Does anyone know how much institutional traders pay for commisions, fees, etc.? I want to get an idea how big of an advantage there they have over us retail guys.
Does anyone know how much institutional traders pay for commisions, fees, etc.? I want to get an idea how big of an advantage there they have over us retail guys.
T Traveler Jan 23, 2007 #2 If anything many of them pay more (per share) than you do, but get in return various services and better access to information flow.
If anything many of them pay more (per share) than you do, but get in return various services and better access to information flow.
N NanoTick Jan 23, 2007 #3 Quote from Traveler: If anything many of them pay more (per share) than you do, but get in return various services and better access to information flow. More... You mean they pay more than $5-$8 per trade as I do? Somehow I have a hard time believing that.
Quote from Traveler: If anything many of them pay more (per share) than you do, but get in return various services and better access to information flow. More... You mean they pay more than $5-$8 per trade as I do? Somehow I have a hard time believing that.
stock777 Jan 23, 2007 #4 They dont pay per trade, they pay per share. Of course , if you were a hedge fund or insurance co wanted to buy 100k shares at the market, I guess you could use an Etrade account to do it. Maybe some of them do, some of the time.
They dont pay per trade, they pay per share. Of course , if you were a hedge fund or insurance co wanted to buy 100k shares at the market, I guess you could use an Etrade account to do it. Maybe some of them do, some of the time.
T TSGannGalt Jan 23, 2007 #5 Depends. Are you a member of the exchange? Size traded monthly? Broker doing some of your marketing? Internal Fund? etc. etc.
Depends. Are you a member of the exchange? Size traded monthly? Broker doing some of your marketing? Internal Fund? etc. etc.