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


To: Tanner who wrote (2265)11/25/1998 9:00:00 AM
From: Colin Cody  Read Replies (1) | Respond to of 7382
 
Tanner please explain: JPR charges their branch offices 7 cents per share to aquire equities, while Terra Nova charges their branch offices 7.5 cents per share.

Revenue? 3,000 shares of FRND are $20.95 to buy through MBT.

Costs? 3,000 * $0.075 = $225.00 cost to MBT.

Therefore they lose $204.05 per trade (225.00-20.95)???

Colin