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STOCKTALK

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To: ild who wrote (43705)	12/5/2000 7:54:57 AM
From: Mama Bear	Respond to of 436258

Their commissions are so small that I don't know how they make money." On stocks I wonder how they deal with the pass through fees on ECNs. I can route an order to INCA and pay the flat penny a share, and I understand that INCA charges a penny and a half per. I assume that because they're so large that they've negotiated this fee down. Of course not sending physical confirms and statements and not allowing the possibility of a client going into debt to the firm improves their bottom line. Not paying credit interest on the first 10k of cash is pretty much the same as charging a monthly fee for keeping the account open. "The only thing I really don't like that you can place/change/cancel only during regular hours. " I agree, a most annoying thing. Perhaps that will change with the new interface. Regards, Barb