i have a question for those who own or lease a seat in an exchange.
according to robert green
http://www.greencompany.com/Educati...ntTraders.shtml
people who are members of an exchange get charged "self-employment tax". as opposed to other types of traders that are exempt from this.
is this in fact true?
that would be a big issue as it would take away the benefit of lower commission rates altogether.
any info/feedback would be appreciated.
according to robert green
http://www.greencompany.com/Educati...ntTraders.shtml
people who are members of an exchange get charged "self-employment tax". as opposed to other types of traders that are exempt from this.
is this in fact true?
that would be a big issue as it would take away the benefit of lower commission rates altogether.
any info/feedback would be appreciated.