DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Ken Adams who wrote (43)	6/6/1999 8:39:00 AM
From: Eric P	Read Replies (2) of 18137

Ken: Why would you daytraders pay $25 per ticket? I don't understand this when there are so many places you can get in for half (or less) than that amount. I think the typical commission rate for a direct access daytrading firm is in the range of $18-25/ticket. The SEC fees on the sell side will further increase this slightly. Personally, I pay about $21/ticket. Most traders agree that there is a balance between low commission rates and good service, order executions, system reliability, etc. However, I agree that $25/ticket is certainly on the high end of the range for commission rates.

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