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Seaboard Corp. Message Board

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  • True

    Many discount brokers trade Amex stocks in trades marked "T" for "Third Market." This is done to 1) avoid exchange-related transaction fees and 2) recieve payment for "order flow."
    Personally, I think it should be illegal for brokers to do this when taking "retail" orders. Institutional orders are another thing altogether.

    aa

 
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