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Non-Tech : Bid /Ask Spreads - Market Manipulation

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To: ---------- who wrote (164)10/26/1996 11:28:00 AM
From: SERGIL CAMPIL   of 308
 
know also that they clear for themselves since jb oxford has it's own clearing firm...they make money no matter what...and their regualr discount brokers get commission at 30 to 40% of the total commission...on top of that they get 1/16 of the spread on stocks they make a market in...so do not be surprised when they traet you nice...you are paying for it
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