Book clsoing [was: Re: Addition of HBCI support, Maturity of 1.7-branch, next stable release time frame?
17 Apr 2002 14:35:07 -0400
Dave Peticolas <firstname.lastname@example.org> writes:
> On Wed, 2002-04-17 at 11:12, Derek Atkins wrote:
> > Commission is never taken into account in stock positions. That
> I'm not sure that's true. Isn't the commission you pay to the
> brokerage considered to be part of the cost basis?
Commission at purchase time may be considered.. I don't know offhand.
Commission at sale time is unclear, since you don't know what the
commission will be when you compute your position. A position is
usually computed based on your current holdings.
Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
Member, MIT Student Information Processing Board (SIPB)
URL: http://web.mit.edu/warlord/ PP-ASEL-IA N1NWH
warlord@MIT.EDU PGP key available