SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Final Frontier - Online Remote Trading

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: 10K a day who wrote (10831)6/7/2003 1:19:49 PM
From: Dominick  Read Replies (1) of 12617
 
If unsure, either stay in cash or play the options and leaps it's cheaper.

Decimalization did hurt. I'd like to see a minimum of 10 cent ticks.

Clearing has been a pet peeve of mine for years. If they can't trust the trade to clear then shut down the markets. I believe the real reason for these rules are for the firm to make you pay to play.

Here are some stats from 1998 to 2001 provide by LPS5 to back up my belief:

average percentage of revenue from commissions, agency& principle:

1998-50%
1999-45%
2000-40%
2001-30%

From interest and various acc't service revenue:
1998-45%
1999-50%
2000-50%
2001-65%

Kind of obvious isn't it?

Dominick
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext