Thread: Stock talk
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Old 07-10-2007, 09:29 AM   #98 (permalink)
edwardcyh
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Re: Stock talk

Quote:
Order Method Price
Internet $7
Touchtone (IVR) Phone System $17
Broker Assisted $27
For stocks priced under $1, add ½% of the principal value to the commissions shown. Some foreign and pink sheet stocks must be traded with broker assistance. Commissions are charged on a per order basis. Limit orders executed over multiple days and orders modified after a partial execution on the same day will be treated as separate orders for commission calculation purposes. A majority of orders must be executed online to qualify for the online commission rates. Scottrade receives compensation for certain equity and option orders as described more completely in our Order Routing and Execution page. Generally, this compensation will take the form of payment for order flow, profit sharing arrangements, liquidity rebates or possible trading profits if Scottrade executes the order as a principal. For non-online accounts, the commission for market and limit orders is the broker assisted rate plus .02 per share for stocks that are $1 and above.
http://www.scottrade.com/online_trad...ions/index.asp

I guess there is that 1/2 % kicker for stocks under a buck, but that's not bad at all.
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