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fung_derf

05/12/05 2:02 PM

#4990 RE: ergo sum #4987

Matt wants everyone to be happy so name your own fees. Depends on how much service you want? They can make it cheap enough if they don't have to actually enter your order.
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Ken Scordo

05/12/05 2:07 PM

#4992 RE: ergo sum #4987

If I told you we've been discussing this everyday for the last four months will you believe me? We don't want to start too high or start too low, hence we've been debating commission structure every day for months.

Currently we are doing retail business with our commission structure as the max 5% or less to cover our butts. Over the last few weeks we have been putting $20 dollars or less on most called in real broker executed trades with our previous clientele. We want to do a special price for IHUB and SI members which we will announce when the NASD clears our on-line site.