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To: Lurkina.n.Learnin

I don’t understand what you’re thinking. The commission isn’t the major expense; why should eliminating it widen the bid-ask spread or total trading cost to any significant degree?


31 posted on 05/18/2014 4:27:48 PM PDT by Pearls Before Swine
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To: Pearls Before Swine

You said “When you buy/sell stock, the transaction money is made on the bid-ask spread. At, say, 2 cents a share, a 1000 share order will be $20, which is more than the commission they say they charge.”

I said a lot of stocks trade with a higher spread than 2 cents right now. I’ve watched some that a 50 cent spread is not uncommon.


32 posted on 05/18/2014 5:17:32 PM PDT by Lurkina.n.Learnin
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