Dec 282017
 
A Lotus worksheet that shows the commision rate that various broker companies use, and the formula that they use to compute the commision.
File COMMWKS.ZIP from The Programmer’s Corner in
Category Databases and related files
A Lotus worksheet that shows the commision rate that various broker companies use, and the formula that they use to compute the commision.
File Name File Size Zip Size Zip Type
COMMWKS.DOC 875 527 deflated
COMM_WKS.WKS 24914 9200 deflated

Download File COMMWKS.ZIP Here

Contents of the COMMWKS.DOC file


The attached worksheet has been prepared with Quattro, but has been saved
as a Lotus compatible file using Quattro's technique of saving with the Lotus
extension, in this case: COMM_WKS.WKS..
I hope it will work for those who have the original Lotus 1-2-3 version 1A..

There are dramatic differences in the way each commission house prepares its
formulae for calculating commissions, even among the so-called discount
brokers. May you have happy times saving yourself commission moneys which
can better be put to use toward your retirement funds. Notice how some houses
base charges mainly on share price, some on number of shares, some mainly on
dollar value of the transaction, but all with minimums, and complicating
factors (calculated to confuse!)..

John M. Wermuth
915 Katherine Drive
Elm Grove, Wisconsin 53122
414-786-7467 or on Exec-PC BBS


 December 28, 2017  Add comments

Leave a Reply