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--- Bilo Selhi <citadel@xxxxxxxxxxxx> wrote:
> <snip>
> TRAD announced today that
> the autoexecution part of TS is ready to go...
> 50K min account and commissions are
> from 10-14 bucks per ticket.
> intelligent order routing ( need to be verified )
> clearing thru bear
> not bad at all...
50K accounts for trading stocks?
pure stats from public source (CNBC),
60% trading accounts in US are < 10K
25% < 25K
10% < 5K
3% < 10K
BTW, those who hold accounts of size 50K and above,
70% of them are retirement fund accounts :)
The size of the market TRAD is going after is
pretty small.
Even CyberTrader has a way lower requirement :)
They lower the requirement quite a few times :) lol
It is tough getting pro trader business these days.
=====
Lawrence Chan http://www.tickquest.com
Home of trading tools NeoBreadth and NeoTicker series
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