HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
In the real workd trading costs have plumeted. Stock exchanges are now paying the big traders to trade on them and other of
those that trade using computer trading programs are play a flat rate of around$25,000 per month.
I have no problem paying the 1% it makes the traders think before trading. Is this trade worth it?
HSX has raised the rate for securites worth $2 or less to a flat 2 cents per share. Show me an exchange anywhere in the world that will charge you more then the security is worth to trade that security.
This are playing Big Brother. they think it is a waste of your time for you to be playing pennies. well it is your time to waste and playing pennies takes a lot of work. But you aren't playing what they want you to play so they penalize the the trader.
This takes very little capital, to play these small securities, they want you to buy more expensive and I guess securities they sell data on.If they don't want people trading penny stocks they should just delete them off the exchange.
But if they are after page hits then this is self defeating. Play one $20 stock or 200 10 cent stocks which gives you more page hits.
As the real world goes one way HSX goes in the opposite direction. New York Times article on trading or real $ trading. Jan 02, 08:13
In the real workd trading costs have plumeted. Stock exchanges are now paying the big traders to trade on them and other of Jan 02, 08:49
those were my thoughts exactly! already talked about once we were "invited" to voice our concerns. Jan 02, 14:04