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Post# of 704019
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Mustache Pete

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Mustache Pete

Re: None

Monday, 08/05/2002 9:33:46 AM

Monday, August 05, 2002 9:33:46 AM

Post# of 704019
Zeev and others, I have a question about commissions. Illustrating with round, hypothetical numbers, why does it cost more to trade 10,000 shares of a $1 stock than 1,000 shares of a $10 stock? The broker I spoke to attributed this to the clearing house, but was robotically fuzzy. -g- Is the clearing house, or any other entity, really doing substantially more work? Also, the point went unraised, but would daily trading volume in the issue be a factor?

Thanks,
A.

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