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Non-Tech : MB TRADING
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To: shag007 who wrote (990)9/4/1998 4:53:00 AM
From: Eric P   of 7382
 
Almost every broker charges $1.00 per isld execution. I can't believe anyone would charge anything different.

Actually, Castle Securities does not charge extra for ISLD executions, regardless of adding or removing liquidity. Their commissions start at $19.95 per ticket, but they do charge extra for non-ISLD ECN's.

Also note, however, that if you get partial executions on an order (on SOES or ISLD, for example) they do charge an additional $1 per 'piece' beyond the first partial fill. For example, if a 1000 share order is filled 500 shares and 500 shares, you would be charged $19.95 for the first piece and $1 additional for the second.

Good Luck,
-Eric
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