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  #11  
Old 03-12-2007, 04:48 PM
hlacheen hlacheen is offline
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Default Re: Site to buy ETFs at
There was an article in Fortune this month about cheap online brokers, such as Zecco. They said Zecco makes money off of interest on cash balances, options fees, etc...
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  #12  
Old 03-12-2007, 06:08 PM
Sand Sand is offline
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Default Re: Site to buy ETFs at
[ QUOTE ]
There was an article in Fortune this month about cheap online brokers, such as Zecco. They said Zecco makes money off of interest on cash balances, options fees, etc...

[/ QUOTE ]

And funny enough they do pay me interest on my cash balance. My last statement said it was something like 2.2%. Not half bad.
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  #13  
Old 03-13-2007, 04:20 PM
hlacheen hlacheen is offline
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Default Re: Site to buy ETFs at
Yea, and the make around 5% probably. I'm sure at the end of the year their profit margins are going to be pretty slim, at least compared to the other brokers.
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