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


To: scanshift who wrote (3163)1/7/1999 9:28:00 PM
From: wily  Read Replies (1) | Respond to of 7382
 
>>If you do 50,000 shares on Island that adds liquidity, your commission is zero at Cyberbroker. If you do 50,000 share on a selectnet preference, your commission would be 19.95 plus $1.00 for the ticket because there is not a per share fee.

Yes, it may be that Cyber has an advantage at certain sizes and on certain routes. The prospective client must evaluate on the basis of his usual trading size. (I still need clarification on the difference between "Island Direct" and "Island ECN")

I actually was attracted to Cyber and they were my first choice before MB, but I was told my income was not enough and I was therefore too great a risk. I liked their independence from Terra Nova. Have heard that their executions are faster and the software is superior in many ways, except for the charts.

>>I want to point out that I do not have an account at Cyberbroker, or JPR

My app with MB is pending.

wily