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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: jjs_ynot who wrote (58003)11/23/1998 11:02:00 PM
From: TradeOfTheDay  Respond to of 58727
 
Hi Dave

Here is their commission schedule (Dreyfus):

Commission Schedule
November 14, 1997

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$15 Per Trade*
All Equities | Options $1.75 per contract ($15 minimum)

The $15 rate applies to all "market" & "limit" orders for equities only traded on all exchanges and the OTC market, and entered via the World Wide Web. There are no administration, handling, insurance or postage fees.

Orders for the purchase or sale of securities traded under $1.00 per share on the New York Stock Exchange and/or the American Stock Exchange are not authorized for Web trading. From time to time and without prior notice, we may restrict certain securities or options from Web trading due to the risks involved because of adverse market conditions and/or volatility in a specific security or option.

The commission rate for other orders (equities only) entered directly into our system via our private data network is $19 per order (market or limit orders). There are no administration, handling, insurance or postage fees.

*Options via the Web - The commission rate is $1.75 per contract with a minimum commission of $15 per order. There are no administration, handling, insurance or postage fees.

Other transactions (equities only) handled through a live broker are charged at the rate of $25 per order up to 5,000 shares. Above 5,000 shares - add 1 cent per share. There is a $4 fee added to each transaction for insurance, handling & administration.

Bev