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Irving L asked:

Why can’t we trade directly? The transaction fees are unnecessary. We should be able to purchase the stock or any other vehicle with no middleman.
I get the stock exchange idea, but paying the online broker $10 per trade seems ridiculous. IMO all it is just the trade union, like, effort to keep making money.
Brokers have to access the market somehow. I can not imagine them posting ads in NY Times.

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