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.
Non-Tech : Datek Brokerage $9.95 a trade
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jon Normile who wrote (7490)3/24/1998 4:24:00 PM
From: RealMuLan  Read Replies (1) of 16892
 
Dear Mr. Normile: in your example, you mentioned that "This customer would be paying %7 APR on $10,000 for each day that he held this short."
But you haven't mentioned about those $10,000 real cash in your example. Does it deserves 4% interest? As far as I understand, Datek should pay 4% interest on that $10,000 real cash. Please correct me if I am wrong.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News