Discussion in 'Prop Firms' started by jack5, Jun 23, 2003.
when I say .0005 i mean 5/100's of a penny per share
i highly, highly doubt it's that low. my guess is .002 to .003
I think you mean .002 or .003.
how long until don bright gets this one deleted???
What do you care?
Are you looking to start a clearing firm?
...and i would venture to guess they pay less then .002...in fact, due to volume I would go so far as to say .75-.85 cents per 1000
but m just guessing.
It has to be lower. There are offices of other firms that get cleared for less than .002 and they probably don't even approach 1/10th of the volume as Bright does as a firm.
Bright has other expenses, so it's not like it's all going into their pocket.
I guess that he clears at $0.0017 per share including the use of that wonderful REDI+ front-end.
I know firms that charge $1 per 1000 shares and do less volume then bright, so I would assume that he is paying less.
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