E*Trade commission
The commission is per trade, there is likely a different commission based on the type of security you're trading, stock, options, bonds, over the internet, on the phone, etc.  It's not likely that they charge an account maintenance fee, but without knowing what kind of account you have it's hard to say. What you may be referring to is a fund expense ratio.  Most (all...) mutual funds and exchange traded funds will charge some sort of expense costs to you, this is usually expressed as a percent of your holdings.  An index fund like Vanguard's S&P 500 index, ticker VOO, has a small 0.05% expense ratio. Most brokers will have a set of funds that you can trade with no commission, though there will still be an expense fee charged by the fund. Read over the E*Trade fee schedule carefully.
A US buyer wanted to import Gold from Ghana but due to insufficient working capital they were unable to obtain a Standby LC from their local bank. They contacted BWT for help &amp; we facilitated their Gold deal by providing Standby Letter of Credit (SBLC, MT760) in favor of their Ghana Seller. related searches: Turkey Hydraulic cylinders Regular Buyers, Turkey Hydraulic cylinders Importers,  Hydraulic cylinders Distributors, Hydraulic cylinders Wholesalers, Hydraulic cylinders , Hydraulic Actuator Buyers &amp; Hydraulic Actuator Importers Directory,  Find Quality Buying Requests &amp; Buying Leads for Hydraulic Actuator in Machinery, Agriculture hydraulics, Hydraulic cylinder manufacture, Hydraulic gear pump,  Hydraulic system design, Hydraulic equipment importers,Turkey HS tariff codes Hydraulic cylinder,  import duty &amp; taxes for Hydraulic cylinder, hydraulic actuator - TurkeyHS code &amp; import tariff for Well, you know - unelected, apart from MEPs and the Council of Ministers.  The Commission is unelected, but they're meant to be the civil servants.   Are the rules made in the interest of Financial Services? Not particularly. You could perhaps make a case for them being made in the interests of French farmers. BATS CHi-X Europe is a market maker. They provide liquidity to the order books of different kinds of equities on certain exchanges. So the London Stock Exchange lists equities and the order books show the orders of different market participants. Most of those market participants are market makers. They allow others to complete a trade of an equity closer to the price that persons wants, in a faster time period and in larger amounts, than if there were no market makers providing liquidity. SECTION | CONTENT :--|:-- Title | Better Business Bureau 20/20 Investigation Description | Does Better Business Bureau Sell Its Grades? 20/20 Investigation Length | 0:08:43           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently) What rules are being violated? What specific rule changes do you propose?   The reason I ask is, because rule changes put into effect to prevent certain activities often have unintended and unforseen consequences.   Several exchanges are enacting fees that will curb this activity. Essentially if you send over X number of quotes today, and get filled on less than Y% of them, you will be charged a fee of Z for each quote sent over X. The number of quotes X is in the six figure range, the fill rate Y is around 80%, and the fee is a mil or so.   This effectively curbs behavior like this. What Amazon is doing is called the Grey Market and normal bricks and mortar retailers do this as well.   For example, buying Irish Whiskey might be expensive at all the shops in Australia because the licensed distribution companies set a high price for Australia.  One retailer may simply buy Irish Whiskey off the retail shelf in South America, ship to Australia, pay import duties, and undercut all the competition.  This happens for all sorts of products all the time.   It destroys the channel distribution control that consumer goods companies have where they control distribution and set the prices consumers have to pay. Within the U.K., Third Party Resellers establish warehouses in the UK, but orders are placed overseas, and Amazon is not required to collect Value Added Tax on behalf of allegedly foreign owned resellers which rely on Amazon to sell items.  Amazon also evades the payment of tax by routing all sales through Luxembourg which, thanks to Jean Claude Juncker of the EU when Prime Minister of Luxembourg negotiated a generous tax sweetheart deal for multi national corporations (incl Amazon) to establish their base in Luxembourg. "Not true! The government is much more outraged about the independent Consumer Financial Protection Bureau (CFPB) and its head, Richard Cordray, ""interfering with freedom of trade"".  The CFPB fined various companies 12 Billion last year, for all kinds of shenanigans against consumers." Good point-  One thing though, Past agreements, like GATS - although they were public, they were so complicated and ambiguous/impossible to understand, that it took decades for people to figure out what they meant in actual cases.   Also, you should read this- **[TTIP: EU Commissioner Points Finger At US Secrecy, Investor-State Provisions](http://www.ip-watch.org/2014/04/02/ttip-eu-commissioner-points-finger-at-us-secrecy-investor-state-provisions/)**  They have made it a HUGE pain in the ass for them to even read the things. They're all in one place. The OCC provides: http://www.optionsclearing.com/webapps/flex-reports Foodex Trade Ltd is the United Kingdom based Exporter and wholesaler provider. We are bordering with a portion of the unmistakable providers and merchants in the food and beverage industry. We convey a wide collection of caffeinated beverages, including Monster energy drink and some more. Our organization has been this business since 2006, we have a large distribute network and we believe committed to delivering all the goods at a perfect time. Retail brokers and are generally not members of exchanges and would generally not be members of exchanges unless they are directly routing orders to those exchanges. Most retail brokers charging $7 are considered discount brokers and such brokers route order to Market Makers (who are members of the exchanges). All brokers and market makers must be members of FINRA and must pay FINRA registration and licensing fees.  Discount brokers also have operational costs which include the cost of their facilities, technology, clearing fees, regulation and human capital. Market makers will have the same costs but the cost of technology is probably much higher. Discount brokers will also have market data fees which they will have to pay to the exchanges for the right to show customer real time quotes.  Some of their fees can be offset through payment for order flow (POF) where market makers pay routing brokers a small fee for sending orders to them for execution. The practice of POF has actually allowed retail brokers to keep their costs lower but to to shrinking margins and spread market makers POF has significantly declined over the years.  Markets makers generally do not pass along Exchange access fees which are capped at $.003 (not .0035) to routing brokers.  Also note that The SEC and FINRA charges transactions fees. SEC fee for sales are generally passed along to customers and noted on trade confirms. FINRA TAF is born by the market makers and often subtracted from POF paid to routing firms. Other (full service brokers) charging higher commissions are charging for the added value of their brokers providing advice and expertise in helping investors with investment strategies. They will generally also have the same fees associated with membership of all the exchanges as they are also market makers subject to some of the list of cost mentioned above.  One point of note is that Market Making technology is quite sophisticates and very expensive.  It has driven most of wholesale market makers of the 90s into consolidation.    Retail routing firm's save a significant amount of money for not having to operate such a system (as well as worry about the regulatory headaches associated with running such a system).  This allows them to provide much lower commissions that the (full service) or bulge bracket brokers. They could have different quotes as there are more than a few pieces here.  Are you talking a Real Time Level II quote or just a delayed quote?  Delayed quotes could vary as different companies would be using different time points in their data.  You aren't specifying exactly what kind of quote from which system are you using here. The key to this question is how much of a pinpoint answer do you want and how prepared are you to pay for that kind of access to the automated trades happening?  Remember that there could well be more than a few trades happening each millisecond and thus latency is something to be very careful here, regardless of the exchange as long as we are talking about first-world stock exchanges where there are various automated systems being used for trading. Different market makers is just a possible piece of the equation here.  One could have the same market maker but if the timings are different,e.g. if one quote is at 2:30:30 and the other is at 2:30:29 there could be a difference given all the trades processed within that second, thus the question is how well can you get that split second total view of bids and asks for a stock.  You want to get all the outstanding orders which could be a non-trivial task. In order to see whether you can buy or sell some given quantity of a stock at the current bid price, you need a counterparty (a buyer) who is willing to buy the number of stocks you are wishing to offload. To see whether such a counterparty exists, you can look at the stock's order book, or level two feed. The order book shows all the people who have placed buy or sell orders, the price they are willing to pay, and the quantity they demand at that price. Here is the order book from earlier this morning for the British pharmaceutical company, GlaxoSmithKline PLC.  Let's start by looking at the left-hand blue part of the book, beneath the yellow strip. This is called the Buy side. The book is sorted with the highest price at the top, because this is the best price that a seller can presently obtain. If several buyers bid at the same price, then the oldest entry on the book takes precedence. You can see we have five buyers each willing to pay 1543.0 p (that's 1543 British pence, or £15.43) per share. Therefore the current bid price for this instrument is 1543.0. The first buyer wants 175 shares, the next, 300, and so on. The total volume that is demanded at 1543.0p is 2435 shares. This information is summarized on the yellow strip: 5 buyers, total volume of 2435, at 1543.0. These are all buyers who want to buy right now and the exchange will make the trade happen immediately if you put in a sell order for 1543.0 p or less. If you want to sell 2435 shares or fewer, you are good to go. The important thing to note is that once you sell these bidders a total of 2435 shares, then their orders are fulfilled and they will be removed from the order book. At this point, the next bidder is promoted up the book; but his price is 1542.5, 0.5 p lower than before. Absent any further changes to the order book, the bid price will decrease to 1542.5 p. This makes sense because you are selling a lot of shares so you'd expect the market price to be depressed. This information will be disseminated to the level one feed and the level one graph of the stock price will be updated. Thus if you have more than 2435 shares to sell, you cannot expect to execute your order at the bid price in one go. Of course, the more shares you are trying to get rid of, the further down the buy side you will have to go. In reality for a highly liquid stock as this, the order book receives many amendments per second and it is unlikely that your trade would make much difference. On the right hand side of the display you can see the recent trades: these are the times the trades were done (or notified to the exchange), the price of the trade, the volume and the trade type (AT means automatic trade).  GlaxoSmithKline is a highly liquid stock with many willing buyers and sellers. But some stocks are less liquid. In order to enable traders to find a counterparty at short notice, exchanges often require less liquid stocks to have market makers. A market maker places buy and sell orders simultaneously, with a spread between the two prices so that they can profit from each transaction. For instance Diurnal Group PLC has had no trades today and no quotes. It has a more complicated order book, enabling both ordinary buyers and sellers to list if they wish, but market makers are separated out at the top. Here you can see that three market makers are providing liquidity on this stock, Peel Hunt (PEEL), Numis (NUMS) and Winterflood (WINS). They have a very unpalatable spread of over 5% between their bid and offer prices. Further in each case the sum total that they are willing to trade is 3000 shares. If you have more than three thousand Dirunal Group shares to sell, you would have to wait for the market makers to come back with a new quote after you'd sold the first 3000.