So - who's going to be the first to announce negative commissions?

[trader99]

TradeZero, which I just recently opened an account and started doing some equities scalping, charges me the following:

For 1900 shares buy and 1900 shares sell:

Total SEC fees: 0.53 (0.000139/share or .53/3800)
NASD TAF fees: 0.23 (6.05263E-05 or .23/3800)
Total Commission: $0

Pretty good...

 

[vincentnyc]

A buck is commonly referred to as 1 dollar. 100 dollars as c-note or a benjamin. 1.75 made sense given the account sizes and trade sizes free everything trading accounts usually attract.

where i'm from, we like to use slang...a buck 75 mean 175. aka....that dude weight a buck 75.

 

[zdreg]

A buck 75 = $175

maybe in Brooklyn.

 

[vincentnyc]

maybe in Brooklyn.

Nah. I saw this term use on tv in an nba game before aka that dude weight a buck 75. Or another example I just got a ticket for a buck 50.

 

[DGT070]

Nah. I saw this term use on tv in an nba game before aka that dude weight a buck 75. Or another example I just got a ticket for a buck 50.

This slang might be useful in conversation: b/c it's faster to say "buck" vs "one hundred". But what benefit does it serve in text? You have to type 4 letters "buck" instead of 1 number "1". Plus will it be helpful to this forum if everyone starts using their local slang?

 

[murray t turtle]

For people who trade real money Regulatory Fees are very noticeable.

"Section 31" Fee: $0.0000207 per $1.00 of transaction proceeds

Trading Activity Fee: $0.000119 per equity share


Sell 5000 shares of $20 stock Fees are $2.07 + .60 = $2.67

Sell 50000 shares of $20 stock Fees are $20.70 + 5.95 = $26.65

%%
Exactly;
+ i would like to see the bond traders/investors pay that SEC fee[rather than stocks/ETFs]-they are used to lower yield/profit anyway LOL. Some fees can be good to pay;some CA traders/ investors wish they were paying an electric bill fee.........................................................