TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who wrote ()	5/22/2000 4:10:00 PM
From: GC	Read Replies (1) of 150070

Nasdaq Cuts Quote Fees for Individual Investors Monday May 22 03:06 ET NEW YORK (Reuters) - Nasdaq, the No. 2 U.S. stock exchange, said on Monday it was cutting the fees it charges individual investors to see real-time stock price quotes and other market information. Under a one-year pilot program, Nasdaq will charge individual investors $10 a month, down from $50 previously, for so-called Nasdaq Level 2 market information. The information enables investors to view real-time stock quotes, and the size and source of the best bid and offer prices for a stock. Active traders are the biggest users of Level 2 stock market information but they often get the data from their brokerages via an Internet connection. A Nasdaq spokesman could not immediately say how many individual investors currently pay Nasdaq a monthly fee for the service. Professionals will continue to pay $50 a month for the Level 2 market data.

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