Except its more like you can choose if you wanted a fraction of a percent added to the price or if you wanted to pay a $5 delivery fee.
The answer varies for small and large orders (and even by share price) For most retail investors that use something like Robinhood, the average order size is small so a flat $5 fee would be way worse.
Then probably something like IB is your best bet. Do you have margin requirements?
Apologies if you already considered this, but make sure you consider execution costs. Depending on your type of strategy and selection of stocks, it may be a major determinant of the success or failure of the strategy.
> "We have been very busy generating more than 100 unique cryptocurrencies ranging from disrupting the air-miles-loyalty industry to providing solutions to the cannabis industry."
100?! So they're just copy/pasting the Bitcoin source under different altcoin names, and calling it innovation?
> "In order to purchase and support WEED anyone that sends 1 President Johnson coin ($GARY) to the Company’s Omni Layer Bitcoin Wallet will receive 1 WEED coin into their Omni Wallet."
I am translating the White Paper of some of them, there is a lot of copy and paste. Including the advisor's bio. Some of this coins just invent important people are helping them, but they do not have any idea that Coin even exists.
Many coffee shops in downtown NYC have the code/key situation.
There are similar regulations in NYC (and I think most of the US, although it is at a local level) that mandate customer bathrooms although they do not sound as strict. For example, small coffee shops (less than ~15 seats) frequently have no customer bathrooms.
Wow, that would be one of the first places I'd expect a restroom. Here in Vegas I continually find myself asking for a public restroom at convenience stores. It's usually hit or miss. Most do have seats for gamblers, so it's not the seats, most have hot prepared foods, so it's not that either. I've always thought that places that provide public facilities on their own initiative should maybe get some kind of subsidy for upkeep from the county or city government.
> For example, small coffee shops (less than ~15 seats) frequently have no customer bathrooms.
That sucks. As a person with a mild case of "what's-the-closest-toilet?"-angst I would feel quite awkward drinking a coffee and probably eating a cookie on the side knowing that there's no toilet close-by. As a matter of fact that would make me avoid those coffee shops entirely.
I think that is actually the point of the article. Detroit managed to open up their market to a wider set of sellers through a combination of regulation (the Cottage Food Law cutting down regulation for small processors of relatively safe foods) and incubators (Kitchen Connect offering a commissary focused on building new food businesses)
Cutting the start up costs increase the range of profitable business opportunities.
An interesting tidbit embedded in the news is that $22mm in loans was sold to a single investor - the model they talk about on the website is peer to peer, but this appears more peer-to-institutional-buyer (which I always kind of suspected, but this clarifies it)...
The language around the industry has changed over the past year as institutional investors began to make up more of the loan buying volume-so the name changed from "P2P" to "Marketplace Lending"
I think a lot of their volume is peer-to-peer, though, and there's nothing saying this $22m was from an institution and not a rich individual (though an institution seems more likely). I imagine this is more of a case of "I have a lot more money than your normal customer so I want special treatment" and Lendingclub then abusing that to take advantage of the investor. I wonder if the investor had taken their $22m to the automated web platform and setup their investment criteria if this would never have occurred.
I think you're dramatically underestimating the degree to which institutional investors are involved in peer-to-peer. There are entire software startups selling analysis software to hedge funds for peer-to-peer lending.
It almost certainly was not a single wealthy individual.
But how many loans was that? If that's $25 in 1 million loans, then there are other peers on each loan. Whereas if it's 22 thousand 1k loans, it's definitely just an alternative route to institutional lending.
The answer varies for small and large orders (and even by share price) For most retail investors that use something like Robinhood, the average order size is small so a flat $5 fee would be way worse.