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Non-Tech : TERRA NOVA TRADING

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To: Alan Stalter who wrote (25)12/8/1998 8:35:00 AM
From: Dan Swartzendruber   of 42
 
Why would you expect your broker to divulge that they are paid for order flow? Some do (Brown and Company). Others, it's like pulling teeth. If it's not a big deal, I see no reason for him not to give his customers (and prospective customers) information which would allow them to make informed decisions. If, on the other hand, it's a significant chunk of the ticket price, you're right, he has every reason to play dumb. Caveat emptor.

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