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


To: David E. Henry who wrote (895)6/27/1998 6:05:00 PM
From: Brentsky  Read Replies (1) | Respond to of 3216
 
Hey David,

Everybody's out enjoying the sun. But, I've got a serious question for anyone. Has anyone visited the new Cyber website (www.cyber-brokerage.com). It is very nice, but check out the fee schedule.

Is this correct? The base is higher than any competitor out there that I can find, plus the real shocker is the ECN fees (for ISLD, TNTO, ATTN and Bloomberg) which are .015 a share or $15.00 per thousand. Now I know that ATTN and Bloomberg are usually extra charges, but what is the deal with ISLD and TNTO.

And, the "don't worry about the fees but the net" line won't work. I talked with many users of several different products and I don't think there's a second or two difference between MB or Cyber, yet the commission/fee charge is over $15.00 per ticket difference!

How can these fees be competitive? I called Cyber and some assistant told me they were correct. Are current users paying these fees? I'm curious to find out. I like the Cyber product, but an extra $15.00 a ticket? Someone please tell me this is a mistake.

Brent