Wow, daytraders in the 1950s

oops, double post.

 

quotron

 

+

I was still in high school, not even thinking about trading, but I remember how many ordinary folks were suddenly "rich" for no reason.

 

Neat thread

In the 50's , what did it costs in commissions per RT in most commodity markets?

 

65 bucks regulated by law, no discount allowed, at least that's what it was before deregulation

 

Here is a girl working on a teletype one of the KSR series, notice the two Ultronic's and the high speed 900 series ticker. (900 characters per minute) Those were the last ever ticker machines built.

Oh and back in the days you had different tapes then in the mid 1970s and up you had the consolidated tape

but you still had the last sale tape and the bid and ask tape.

 

In the 70s if you had money to spend you can avail yourself to a Trans Lux "Personal Ticker"

 

I just quoted it, but good to know.

 

This is what we used back in the day---- First was charting from newspaper quotes, next was following the ticker on FNN, and finally the quotrek and a leased quotron machine --- I use to trade options from this thing---- LOL !