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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: Stephen Bedingfield who wrote (3962)	3/12/2000 4:49:00 PM
From: keith massey	Respond to of 4467

Stephen Those are the rates I was referring to. If I buy $30K of a $1 stock with Greenline they charge me $900 round trip (1.5%). Schwab costs $150 round trip (.25%) for the electronic trading. This type of saving adds up very fast. I guess it all depends what type of trading you are doing. For example, $50K of a $50 stock cost $60 round trip with Greenline but $125 round trip with Schwab. But in general I have found that Schwab's cost structure ends up being cheaper in the end. Best Regards KEITH