hi guys, i hv a question to ask.. will the specialist charge billable (1cent per share) if the order size is bigger than 5000 shares?
I've never heard of that one and I have never been charged a billable fee on orders over 5 or 10,000 shares.
No size charge on NYSE. They only for over 5min on the book. Amex charges for anything over 2100 shares on most securities, .01 usually.