What clearing rate do you think Bright Trading has .0005 or less per share???

when I say .0005 i mean 5/100's of a penny per share

 

edited;

i highly, highly doubt it's that low. my guess is .002 to .003

 

I think you mean .002 or .003.

nitro

 

Probably lower

 

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.

 

free.

 

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.