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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: Morpher who wrote (6282)	1/24/1999 6:59:00 PM
From: Morpher	Read Replies (1) of 12617

Q: How much do MMs and online discount brokers make on a market order before commissions? A: The MM makes $0.032 per share and the broker gets $0.025 for a total of $0.057 average per share ($57 on 1000 shares). academic.nasd.com Brokers: E*Trade, Waterhouse, Ameritrade, Discover, etc. MM: NITE

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