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Danville Register in Danville, Virginia

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Newspaper

Danville Register

Location

Danville, Virginia, United States of America

Date

Oct 26, 1973

Page

8

Soak the Poor Market? Brokerage Fees Rise on Small Trades

Brokerage commissions climb for small investors as new schedules raise costs by 1.1 percentage points on odd lots and 10 to 15 percent on transactions under five thousand dollars. For a twenty share buy at thirty dollars, the per trade cost climbs to about 3.5 percent, while larger round lots incur lower percentage fees.

Wall Street

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