Discount Stock Brokers by Richard Maturi
ARTICLE SYNOPSIS ...Discount Stock Brokers
by Richard Maturi
If you're a sophisticated investor, willing to make many of your own investment decisions then May
1,1975 marked a milestone for your investment activities. On ""May Day"" the Securities and Exchange
Commission ended fixed commissions, making brokerage commissions fully negotiable.
Many discount stock brokers came into existence after May 1, 1975 offering investors exceptional
money-saving rates. Discount brokers can offer commission savings on orders for three reasons:
1.Their staff is paid on a salary basis, therefore no large commissions are incur...