| The move follows the continuous rise in stock prices
during the week with the BSE Sen crossing the 6000
magical mark today. The imposition of additional capital
will be effective from Monday. |
| Sunlogic Securities (1-800-556-4600) (http://www.sunlogic.com):
Limit orders (listed): .02 per share, $35 ($32 + $3 fee) minimum.
Limit orders (Nasdaq): $35 ($32 + $3 fee) for any number shares.
Market orders (Nasdaq): $15.99 for any number of shares.
Market orders (listed): .02 per share, $15.99 minimum; $15.99 for 800
shares; $100 for 5000 shares.
Penny Stock: $33 + 4% of principal; $37 ($34 + 3 fee) minimum.
Broker-assisted: $35 ($32 + $3 fee) for Nasdaq, .02 per share for
listed ($35 minimum).
Options: 1.6% to .3% of principal OR $6-$2.50 per contract; $37 ($34 +
$3 fee) minimum.
Account minimum: $2000.
Real time quotes: $29.95 per month.
Perks: market news, quotes, charts, and free checking.
Restrictions/warnings: $5 extra for GTC orders.
Comments: Sunlogic has an extremely complicated (and, on the web, not
too clear) commission schedule; better check their web site for latest
details. |
| Bidwell (1-800-547-6337) (http://www.bidwell.com):
Commission (online): about $6 less than regular; one customer says
100 shares of MSFT @ $22 Internet and $28 for broker.
Commission (regular): $21.25 ($20 + 1.25 fee) plus .05-.08 per share
up to 500 shares, then $30-$45 + .03 per share; $26.25-$29.25 for 100
shares; $60-$75 for 1000 shares; $180-$195 for 5000 shares.
Penny stock: 5% of principal ($21.25 minimum).
Options: $27 + $3.00 per contract.
Margin rate: 7.75%-8.75% (above average).
Account minimum: no minimum.
Real time quotes: free.
Perks: 281 no-load no-fee mutual funds.
Overall non-online service rating: very good.
Comments: Service reported as very good: I have been completely happy
with them.(4/9) A real person will talk to you with a minimum of
wait and electronic prompts.(4/19) Confirms trades on the phone.
One customer says that if you insist on high-quality service, their
commissions are pretty competitive. Executions have been good, no
price improvement though.. |
| Green Line Canada (1-800-667-6299) (http://webbroker.greenline.ca):
Commission: $39 in U.S. dollars and up; $29 (Can) for up to 1000
shares, then .03 per share (5000 shares cost $150).
Penny stocks ($2 or less in Canada): 1.5% of principal with $29
minimum.
Touch-tone: about the same as broker-assisted rates.
Broker-assisted: $43 US and up ($35 CAN + .005 to .06 per share) ($39
US + .02 to .08 per share).
Options: $35 CAN + $1.50-$3.50 per contract; online options get 20%
discount.
Comments: Founded in 1984. Mutual funds available. Operated by Toronto
Dominion Bank. |
| Nayee Dillee, Feb. 11 (PTI) - The Securities and Exchange
Board of India (SEBI) today imposed additional margins in
cash on the top 25 stock-brokers of the four major
exchanges following the unprecedented rise in stock
prices. |
