Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: starhawke who wrote (83833)	9/28/2000 10:56:57 AM
From: Mama Bear	Respond to of 132070

You can direct your trade to any of the options markets you prefer. There is also a 'best execution' algorithm which gets your order to the best exchange. They take no money for order flow. It's actually cheaper than Dreyfus only for lots of 8 or less, that because of Dreyfus $15 minimum. Of course if Dreyfus is paid for order flow and won't direct your trade to the best price, that may increase the actual cost. It's a penny a share for stocks, with a $1.00 minimum. Again, it's really only cheaper for small orders. I can do 5000 at TWE for $15 on a limit order, which would cost $50 at IB. Regards, Barb