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Re: Short term equity trading.



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At 10:28 PM 9/3/98 -0500, Stewart Taylor wrote:
>I've suddenly got an urge to trade a few equities (Ive never traded
>anything but futures) but I don't have a clue as to who would do as a
>reasonable discount broker for a fairly active trader.  I think I would
>like to be able to do electronic entry with a phone backup for busy days.
>Is Charles Shwab reasonable? What about E-Trade or Ameritrade?  
>
>I don't necessarily want the lowest round turn but I do want reliability
>and reasonably good executions. 
>
>Do any of the firms provide Level Two as part of their service? 
>
>Any input? I know that this probably  rehashes a bunch of earlier
>questions, but Ive always just deleted equity stuff.  Thanks in advance. 


Stewart I have been considering the same because the executions are so much
better and faster than it is with commodities. Open outcry is going to keep
it this way in futures until that changes. So equity trading large blocks
for small moves looks appealing to me. So I second your post to ask the same.

Thanks

Robert