Volume Truly Blows; Yesterday's Fees
I just want to note how much volume sucks today...
Yesterday, by 2:30, we had traded, 1,204,017 shares. Today, at 2:30 we hadn't even turned a billion yet, chopping in at just 844,755,000 shares.
That, is pathetic... it also means that we could perhaps rally into the close.
Also, since the other day I said I was going to start keeping track of my daily fees paid to the NYSE and the SEC, I just want to note that yesterday I paid $39.20 split between those two.
6 comments:
As an NYX shareholder, thank you DT for your contribution. ;P
Har, friggin har, Mr. Long Term Investor.
I'd rather NYX go to zero and me pay no fees! :)
-DT
Sorry, I'm underwater in NYX so I have to take what I can get at this point. LoL.
-BD
DT, I trade an average of about 400 thousand shares a day and my fees are already huge. All 100% MKT orders also. This will be a very big increase for me to say the least. Iam really upset about this. Maybe if the NYSE starts to lose volume and market share they will respond. They should give us a choice to either keep our orders on the NYSE for a very small fee or routed away at a more expensive charge. -tony
Damn Tony! That's a lot of shares to average...
I'd love to know more about your trading style. Email me if you want to blog about it here.
-DT
BD,
Of course, I'm sorry you're underwater in NYX.
Let me revise... I want you to make tons of money in NYX. Then, I want the stock to go to zero and for them to stop with their nickling and diming...
-DT
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