TIP: Click on subject to list as thread! ANSI
echo: aust_biz
to: Maurice Tindall
from: Paul Edwards
date: 1995-10-27 07:08:28
subject: Re: HISTORICAL DATA

MT> I got a comprehensive Info Pack from ETrade (a flat fee broker) the other 
MT> day
MT> and their commission for any trade from $4000 to $100,000 is a mere 
MT> $US19.95.
MT> Add $6 on to that and you are only paying $A26.  Pont, who are perhaps the

$US26 you mean.  And that's $A35.  R.V. Williams or similar (can't
remember the name for sure) charge $55 instead of Pont's $60, but 
that's only for orders under $6000, $110 above, which yes is a lot
different.  

MT> cheapest brokers in Australia can't come near that price. Their charges are 
MT> $60 per order under $6000 and $120 from $6000 to $100,000.  A sizeable
MT> difference but, of course, they can do that sort of thing in the US with
MT> the size of the population over there.

I think you'll find that the Australian broking houses have to
pay something like $25 for every single trade that your single
order takes.  BFN.  Paul.
@EOT:

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