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Tim Lambie

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Posts: 6

Joined: 10/11/2012

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Subject : RE: ATM: First Impressions
Posted : 1/22/2018 8:57 PM
Post #36979 - In reply to #36978

If the commissions paid are defined by the “top tier” at IB as Angela mentioned in the GarWood transition thread, then pricing would be .0035/share and .35/order. Perhaps we can get confirmation from Angela.

I just ran Ed’s marketing model with these commission rates and got $68.5M, instead of 87m with no commissions. Still an awesome outcome, assuming robustness testing by Mark and others works out.

Tim
Deleting message 36979 : RE: ATM: First Impressions


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