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nybb

Registered: Sep 2011
Posts: 4

09-22-11 06:03 PM

I'm an experienced trader (new to ET) who has a sound methodology, but my commissions are killing me. I'm paying .004/share plus the ECN fees of taking liquidity of .003/share. I.e. it costs me $14 for one round turn trade of 1000 shares.

Is it true that Chimera charges .001/share?

Are there any firms that are less expensive than that?

Any help would be greatly appreciated. Thanks.

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ScottSam

Registered: Sep 2009
Posts: 87

09-22-11 09:26 PM

Any and all Canadian firms.

The standard being 0.20 / 1000 shares, or 0.0002.

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nybb

Registered: Sep 2011
Posts: 4

09-22-11 09:31 PM

Can I trade with a Canadian firm if I'm an American?

What about trading with them and trading remotely from the U.S.?

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rmorse

Registered: Apr 2011
Posts: 1056

09-23-11 12:23 PM

Quote from nybb:

I'm an experienced trader (new to ET) who has a sound methodology, but my commissions are killing me. I'm paying .004/share plus the ECN fees of taking liquidity of .003/share. I.e. it costs me $14 for one round turn trade of 1000 shares.

Is it true that Chimera charges .001/share?

Are there any firms that are less expensive than that?

Any help would be greatly appreciated. Thanks.

What level of month volume to you average?

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blackstormcap

Registered: Aug 2011
Posts: 170

09-23-11 01:58 PM

Global Market Trading is good.

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nipapage

Registered: Mar 2009
Posts: 13

09-23-11 04:00 PM

Can you give me the names of a couple good Canadian Firms that would change $0.20/1,000 shares.

Is this net, or you get a liquidity credit/debit, if you add/remove.

Any idea wy Canadian firms can be so much less expensive.

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