Lehman Brothers Financial SA (LEHNQ)

[etzetrade]

That is my personal experience. I put a low bid of 0.25, and cost me only 0.22 for 390 shares. I think it could be done by typing at 0.22/share rather at bid price. Or, broker could do it at exactly amount. The whole purpose is to scare away those low bidders because of transaction expenses. However, it does not work on me. I have three Merrill Lynch accounts for total 90 free trades a month.