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satelliteguy

04/09/12 1:12 PM

#14253 RE: --FLOAT_LOCKER-- #14252

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.