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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Mario :-) who wrote (10815)	7/19/2005 4:19:34 PM
From: Taikun	Read Replies (1) of 37387

<Drawback is, that you have to pay for every market you want to trade on. > True, however if you have a holding in a country you only need to subscribe once when you buy and once when you sell to get the market data. I have found this is still much cheaper than full service brokers for all order sizes. eg UK mkt data is 10GBP, interactivebrokers.com Fidelity charged me $69.95 to buy 500 shrs TATYYF (Tate & Lyle) IB would be GBP10 ($18) + GBP5 ($9) + .1%, $4,+ stamp duty .5%, $2 TOTAL $33 for 500 TATE.L (Other markets may be different) On the sale the only change would be the calculation of the .1% and .5% depending on where the price was at liquidation.

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