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Strategies & Market Trends : SOES Trading

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To: Chris Block who wrote (1074)11/11/1997 6:05:00 PM
From: Mark Davis  Read Replies (2) of 1618
 
Suretrade is NOT a SOES firm, and I was not making a comparison as such. They are an E*trade type outfit. I was using them as an example of how low commisions are getting. That price is good for markit OR limit up to 5000 shares. A SOES house getting 2C a share wants $100 for a 5000 share trade vs $7.95

I know about selling on the offer via SNET or Island in a SOES room , but I believe the price charged for these services are too high, especially when you are expected to sit and trade in any market, good or bad.

I'll wait out the shakeout.

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