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In a message dated 9/3/98 8:27:37 PM Pacific Daylight Time, staylor@xxxxxxx
writes:
<< 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?
>>
Stewart,
I personally daytrade equities and use a company called the Executioner. This
is a company that uses a trading interface called Real Tick III. There are
point and click executions with the availability of various ECNs. Trades start
at about $24 each and as low as $19 depending on volume.Level II is available
and is free after a certain number of transactions ( I believe 50 per month )
.I've included the website for this company along with another similar company
that I have not used but am familiar with.
http://executioner.com/
http://www.mbtrading.com/
Hopes that's what you're looking for,
Ray Hicks
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