Exact(2)
Twenty years ago, investors paid brokers six to ten cents per share for trading wrapped up with equity research; today they may pay only a cent or two.
Brown & Company, a large deep discounter based in Boston, used to charge $25 plus 3 cents a share for trading listed stocks, and $25 and 2 cents a share for unlisted ones.
Similar(58)
With only 47 million shares, it shouldn't disturb the huge pool of shares available for trading.
500, by accounting only for shares available for trading.
Excluding Ms. Stewart's holdings, there are fewer than 20 million shares available for trading.
On December 14, the last meaningful lockup expiration will occur, with 149 million shares available for trading.
On November 14, the biggest lockup expiration will occur, with 777 million shares available for trading.
The new one needs just a few phrases: $40 plus 3 cents a share for trades under 5,000 shares, and $40 plus 2 cents a share for trades over 5,000 shares.
For example, Instinet charges brokers a penny a share for trades of Big Board stocks, and brokers, who would not pay this fee if the trades were made directly on the New York Stock Exchange, might pass it on to customers.
Investors are charged 25 basis points for management, including re-balancing and dividend reinvestment, and $2 plus $0.0025 per share for trades.
Other companies have also sold convertible bonds before their shares are available for trading.
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