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To: gbh who wrote (3869)9/10/1999 3:35:00 PM
From: vestor  Respond to of 10027
 
Well over a billion share day on NASDAQ. A return to high volume. Summer is officially over !



To: gbh who wrote (3869)9/10/1999 4:05:00 PM
From: Gary Korn  Read Replies (2) | Respond to of 10027
 
gbh,

I should know better re. ISLD costs because I used to pay them when I was day trading at ABWatley. You are right, it was about 1/4 penny per share.

I gotta say, though, that it irritated me to pay that extra $2.50 per trade (which was on top of Watley's $25 commission).

Anyway, the swing from NITE to an ECN is therefore something like $7.50? ($5 lost from NITE and $2.50 paid to an ECN). Even that close to doubles the cost of some OLB trades.

Gary Korn


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