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Re: --FLOAT_LOCKER-- post# 14252

Monday, 04/09/2012 1:12:56 PM

Monday, April 09, 2012 1:12:56 PM

Post# of 31425
Not necessarily. I'm not the seller here, but... for example, when I trade through a certain market maker, he will hold shares (when I'm buying) or sale proceeds (when I'm selling) in his "house account" and journal over to me only once at the end of the day. One commission, plus a little extra for his trouble.