[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Commodity Brokers - Need Recommendations



PureBytes Links

Trading Reference Links

I am planning to switch brokers and would welcome recommendations.

I live in So. California and my current account is with a full-service
broker.  Because I am a position trader (S&P only), commission size is not
my first concern.  I have in the past chosen a full-service broker not for
their investment advice but because:

a.  I want a firm with a history of reliability and financial soundness.

b.  I don't want the confusion of needing accounts with several different
firms (IB, etc.) and banks,

c.  I like to keep an ample balance in cash to cover any drawdowns, so I
expect to be paid interest on free credit balances,

d.  I need someone with access to a Bloomberg terminal to get me occasional
updates on S&P fair-value parameters.

e.  I need the convenience of being able to get a withdrawal check on short
notice, if that should become necessary.

I also need fast executions and availability of a backup person for times
when my primary customer rep is on vacation or whatever.

Any recommendations?

Thanks,
Carroll S.