Just noticed these scummy options exchanges charge 1.50 to cancel

Discussion in 'Options' started by stock777, Nov 3, 2008.

  1. What a scam.

    They probably make more on cancels than trading.

    Punks
     
  2. How do you clowns trade with 1.50 cancels?
     
  3. Simple, go with a firm that doesn't charge the cancellation fee. You gotta pay to play.
     
  4. zdreg

    zdreg

    exchanges charge the fees not the firm.
     
  5. BOX (and others ) charge 10 cents. Not sure, but I didn't think there are any that charge 1.50 as I thought the most expensive was CBOE at $1
     
  6. Doesn't matter if the pope charges the fees, I don't pay them at the moment so its all the same to me.
     
  7. Yup, like everything.... its all negotiable. Who do you trade with if your willing to share?
     
  8. A good trader doesn't need to cancel orders.



    -------------------------------------------
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    Trading guru
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  9. Certainly, nothing special, just think or swim.
     
    #10     Nov 4, 2008