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.
Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?


To: Morpher who wrote (6282)1/24/1999 6:59:00 PM
From: Morpher  Read Replies (1) | Respond to of 12617
 
Q: How much do MMs and online discount brokers make on a market order before commissions?

A: The MM makes $0.032 per share and the broker gets $0.025 for a total of $0.057 average per share ($57 on 1000 shares).

academic.nasd.com
Brokers: E*Trade, Waterhouse, Ameritrade, Discover, etc.
MM: NITE