SI
SI
discoversearch

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.
Gold/Mining/Energy : USA Video Interactive (US:ASE) -- Ignore unavailable to you. Want to Upgrade?


To: Kent C. who wrote (768)1/14/1998 3:58:00 PM
From: Joe  Read Replies (2) | Respond to of 1841
 
Kent,
What exactly is a "Jitney Trade"?

Thanks Joe



To: Kent C. who wrote (768)1/14/1998 5:08:00 PM
From: Flea  Respond to of 1841
 
Hi, Kent...thanks for correcting me...however, I didn't mean to imply that there is a (standard) $30 fee (for lack of a better term) for jitneys...rather, it's a variable depending on the amount you want to trade...the house I deal with for example imposes a $20 minimum for this and there is no limit as I trade a larger amount, the $20 also goes up...and as far as I know, anyone (including myself) can still do it...if the broker calls for the jitney, he/she pays...if I call for it, I pay...whichever the case, I agree, the amount should be fairly large to make it worthwhile in preserving one's anonymity...