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Non-Tech : JB Oxford, Lombard, Etrade
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To: Rarebird who wrote (303)7/21/1997 11:44:00 AM
From: bob yahnke   of 396
 
Whatever. JB is a market making firm. They take the public orders in and use the spread to make their money. They buy at the bid and sell at the offer. If the spread is wide enough they might give you a little bit better price. The bottom line is JB is making the money off the spread and not the public. If it was anything different they would not be in business at just $18 per trade. You`ll want to find a brokerage firm that does principle trades only and does not have market makers robbing you have some of the spread.
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