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Non-Tech : CyBerCorp.com -- Ignore unavailable to you. Want to Upgrade?


To: Mark Davis who wrote (991)5/1/2001 11:43:57 PM
From: MIKE REDDERT  Read Replies (1) | Respond to of 1001
 
<Brokers that respect their customers charge by the SHARE>

The pricing structure has to be fair to both sides... if the broker charges by the share, he gets screwed. I would be satisfied if they charged one commission as long as the order remained live ( a day order), or at a minimum for 1 hour. Anything less is opportunistic price gouging. BTW... I just now checked my transactions and as assumed, I was charged 2 commissions to sell 1000 shrs of INTC... both lots were posted as a single limit order and executed within 6 minutes of one another... $21.96 @ the lowest price tier. Those who placed that same order at the highest CyberX2 tier would have paid $31.96.

Who would you suggest as a suitable daytrading broker... I need:

1) Reliability and timely confirmations
2) A reliable trading interface (not web-based)
3) Options
4) A top tier of no more than $15 /1000 shrs (plus ECN fees)
5) One commission for day orders that remain "live"

Mike