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Non-Tech : Discover/Lombard Brokerage.

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To: BarbaraT who wrote (138)10/27/1999 4:58:00 PM
From: RagTimeBand  Read Replies (1) of 180
 
Hi Barbara

Thanks for the response.

>>Penny stocks ... have mine at NDB ... no maximum amount of shares per commission and 14.74 or 19.75 depending on market or limit order.<<

I just found the following at the NDB web site:

>>Listed orders exceeding 5,000 shares will incur an additional one cent per share charge on the total amount of shares. This applies to individual executions and multiple executions under NDB's Active Trader's Advantage<<

ndb.com

To me that sounds like if I put in a trade of 50,000 share I'm going to get nailed a penny a share plus the usual commission.

Am I missing something?

Thanks Again

Emory
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