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Re: Broker search



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Try Lind-Waldock

http://www.lind-waldock.com/index.shtml

Robert

At 08:13 PM 10/23/98 -0700, Scott Hoffman wrote:
>I'm a futures position trader. The broker I currently use is a pleasant guy,
>gives me good rates ($20-22 / RT including fees) and good fills. However, I
>usually enter orders MOO and since I live in the Pacific Northwest, I've got
>to drag my poor self out of bed at 5:00am to get opening orders in before
>the currencies open at 5:20 am. He doesn't take fax orders (I don't really
>want to do that anyway...machine could be out of paper...), no answering
>machine. He has me clear though LFG and they want an *extra* $3  to do
>LeoWeb orders.
>
>Also, they charge $35 to buy TBills and $50 to liquidate early.
>
>So, I'm searching for an alternative that more suits my needs.
>
>1. Pays interest on daily sweep of cash in account, like Refco. Alternately,
>no fees for TBill transactions of any kind, even early redemptions.
>2. 24 hour internet order entry and account status info with telephone back
>up. Speed of order routing process is not critical. I just want to be able
>to enter the orders the night before. Must be able to trade all US markets
>via internet, including Midam.
>3. ~$20-22 / RT including fees. Virtually all my orders are market orders.
>Trade frequency and account size are moderate: 6-10 RT per month / $25K
>account.
>4. Exchange minimum margins.
>5. Prompt response (within 24 hr) to email correspondance for non-urgent
>issues.
>
>If anybody has recommendations, I'd appreciate hearing from you.
>
>Scott Hoffman
>Issaquah, WA
>
>