Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : QQQ - Nasdaq 100 Trust -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Aloha who wrote (18)	3/15/1999 11:13:00 AM
From: dumbmoney	Read Replies (1) \| Respond to of 840

Re: "free" trading, the deep discount brokers don't make their money on the spread if they act as an agent and not a market maker or principal. Only the market makers or principals make money on the spread. The money MMs make on the spread comes back to discount brokers in the form of payment for order flow. Also, many deep discount brokers pay below-market rates on cash, which is another revenue source apart from commissions. Some brokers are already commission-free for certain types of orders (large market orders).