WSJ article on Steve Cohen and SAC Capital Mgmt

Quote from jpoj10:

thanks for the information, helps me alot.

By the way, any of you guys wants to know how to invest?
Just go here, i made lots of money by investing here, asset management , this is no scam, and no spam promise. Just wanna help you guys become like me. =)
More...


This is a dodgy website
 
From the article in the opening post of this thread:

"On a typical day, SAC's trading accounts for 2% of overall stock-market activity. SAC pays securities firms an average of one cent for each share it trades, which adds up to more than $400 million in trading commissions each year, making SAC one of Wall Street's best clients."
More...

Surely this can't be true, even back in 2006?
A cent a share.

With his volume, he must pay around 10-20% of that at most.
Don't you reckon?
 
You must log in or register to reply here.
Back
Top