caution on discount internet brokers Message Board

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Non-Tech : caution on discount internet brokers

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To: soozathelooza who wrote (5)	4/8/1997 10:03:00 PM
From: David Bogdanoff	Read Replies (1) of 22

Paul; Payment for order flow is where the discount broker gets payment for combining several orders for a stock and having them executed as a block. This delays submission of your individual order until a block can be formed, possibly causing you to get a less favorable price. Sorry, I got the brokerage name wrong; its more like Aufhauser. They advertise their annual fee program on CNBC. David

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