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FYI - It has been confirmed to me by a Lind-Waldock rep that open positions,
cash and tbills may be transferred from one FCM to another without having to
liquidate and then reestablish the positions thus avoiding the extra
commissions, slippage, ext referred to below. Just like in the equities
world.
Just trying to be helpful and possibly save my fellow traders some money in
the future.
Regard to all,
Scott Hoffman
Issaquah, WA
>I switched
>brokers in July, from a "Broker Assist" type of
>account ($39/round turn) to a "Full Discount" account
>($24/R.T.). This required extra trades (with extra
>commissions and extra slippages) to close and re-open
>existing positions
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