Mr. Bright, Maybe you can clear this up. My understanding is that the NYSE does NOT bill member firms (SLK in your case) any additional monies for trades from 2100 to 5000 shares, IF that member firm's total NYSE fees exceed (roughly) $500,000 that month. It's pretty clear that SLK meets this threshold so then why would SLK pass any of these fees on to Bright? In turn, why would Bright pass any of these fees on to its traders? Is someone making a little extra undisclosed profit margin here or am I sniffing glue?