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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: Dan Clark who wrote (7873)	1/13/2000 10:16:00 PM
From: brec	Read Replies (1) of 12617

Comparing transaction costs between two brokers can be tricky because the costs are sensitive to order size, routing, and the activity level of the account. True, CyberX is $14.95 per ticket -- plus, in some cases, any or all of the following: SelectNet charge, ECN fee, $00035/share "clearing cost" on shares exceeding 1,000. Thus, to deliberately take a case which works against Cyber: 3000 shares ARCA direct by a trader doing 125 trades/mo.: CyberTrader $52.95; CyberX $47.95; MB Trading $17.95.

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