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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: Dan Clark who wrote (7878)	1/14/2000 2:52:00 PM
From: brec	Read Replies (1) \| Respond to of 12617

I have a fees example that I downloaded from Cyber's WWW site a month or two ago; it may or may not be currently accurate, but on a 3000 share order with multiple fills it shows the $0.0035 fee applied to 1600 shares: 1200 Island direct, "additional processing fee" (APF) = 0; 1200 Attain direct, APF = $3.50 ("1000 share maximum") 500 REDI via SNET, APF = $1.75 100 INCA via SNET, APF = $0.35 The best I can do in inducing an algorithm from this is: the APF applies on orders over 1000 shares to each partial fill subsequent to the first, and with a maximum charge of $3.50 per such partial fill.