Saturday, February 28, 2015
1924
Share price Minimum commission per 100 shares
$1 to $20. $12.50
$20.25-40. $15
$40.25-60. $17.50
$60.25-80. $20.
Citation: A Century of Stock Market Liquidity and Trading Costs, Charles M. Jones, Columbia Business School - Finance and Economics: May 23, 2002 (Appendix 2)
May 8, 1919 to October 30, 1924
Share price Minimum commission per 100 shares
$1 to $9.875 $7.50
$10 to $124.875 $15
$125 and over $20
October 30, 1924 to January 3, 1938
Share price Minimum commission per 100 shares
$1 to $9.875 $7.50
$10 to $99.875 $12.50 + 0.1% of amount traded, rounded down to the nearest $2.50
$100 to $199.875 $25
$200 and over $10 + 0.1% of amount traded, rounded down to the nearest $5
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1924
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