16th April 2012, 07:23 PM
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Member
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Join Date: Jan 1970
Posts: 4,431
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The problem is that traders and scalpers are then advantaged and backers or layers of multiple horses in a race are disadvantaged again.
There is no way Premium Charges will be dropped anyway.
If anything there will be PC 4 or super duper premium charge to accomodate the levy.
This is only my opinion, but they need to start from scratch with commission and premium charges and restructure the entire method of fees which will fairly impact on all types of exchange users.
However, I don't think this will happen.
Very strange no further announcements forthcoming.
Perhaps they are going to try a different strategy based on the board meeting.
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