[net.invest] Discount stock traders

brett@ucla-cs.UUCP (04/22/85)

Discount people may want to check out OLDE and company.  They offer
something called a "round trip" where if you trade short term, they
sell your stock w/o commission( I think they must give you a credit
because it's actually less than the opening trade).  
Short term is less than 31 days.  When you buy the commission is quite
low anyhow (more so for 100 share blocks).

Anyone who has comments on this company may wish to post a message.

Address:
The Olde Building
735 Griswold St
Detroit, Michigan 48226

Office around the country.  Members NYSE, ASE, Midwest SE, Philadelphia
SE, Options Clearing Corp, NASD, and Depository Trust.  They have the 
usual SIPC.

Example commissions:
shares	100	200	300	400	500		Round=round trip
stock							trading commission
price	

1-10	35	45	50	55	60
Round	30	30	30	30	30

over
10-20	40	50	60	70	80
round	30	30	30	35	40

over 20
	45	60	80	90	100
round	30	30	40	45	50

Over 500 shares add .05 per share to the 500 share rate.
-- 
Brett Fleisch
University of California Los Angeles
3804 Boelter Hall
Los Angeles, CA 90024
Phone: (213) 825-2756, (213) 474-5317 

brett@ucla-cs.ARPA or
...!{cepu, ihnp4, trwspp, ucbvax}!ucla-cs!brett
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