That's because you use Level 1 while we use Platinum. While Level 1 is a great product compared to other Level 1 type products, it does not compare to Platinum in its functionality and order execution capabilities.
I agree. So far I love Platinum. Simple, yet solid and fast. Only complaint is the printable reports. No detail of ecn fees etc. Plenty of potential.
Hey guys check this out. Awesome!!! They now have a maximum fee of 11.99. http://www.pointdirex.com/live/en/ns/html/feeschedule.htm Also they have made changes in the DirexNet in the Fees tab. It also has the ECN charges. Hans
question - the fee sched for platinum is based on daily - not monthly - volume? i.e. i need to do over 100k shares per day to get the 0.005 naz base rate (plus whatever ECN i use)?? and for listed, there is an extra 0.005/share fee on top of your base fee - so for most people, 0.006/share plus 0.005/share for listed? thx
Daily is correct but the share volume for .005 is 75k. So at best, with ISLD, you would be paying .0075 per share. The most, with ISLD, would be .0095 per share. Plus all trades, OTC or Listed now have an 11.99 max per trade if you're doing size. Yep, (if you go through the NYSE) except the rate for under 25k per day is .007 per share so you could pay as much as .012 per share on listed with an 11.99 cap. The only listed I play are the Q's and I use ISLD for that so it's a max of .0095 per share. I've only been with them for less than two months but it's workin' for me so far.