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It is stock brokerage - just checked their site out.
They do not have future data yet.
And do not have exact pricing for future order
execution.
-Lawrence
--- Jack Zaner <jz@xxxxxxxxxxxxxx> wrote:
> Lawrence: I believe TRAD is referring to futures
> accounts.
> Regards, Jack.
> ----- Original Message -----
> From: "Lawrence Chan" <stnahc@xxxxxxxx>
> To: "Bilo Selhi" <citadel@xxxxxxxxxxxx>; "Omega
> List"
> <omega-list@xxxxxxxxxx>
> Sent: Wednesday, June 13, 2001 7:53 AM
> Subject: Re: TRAD announces autoexecution
>
>
> >
> > --- 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
> >
> >
> >
>
=====
Lawrence Chan http://www.tickquest.com
Home of trading tools NeoBreadth and NeoTicker series
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