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Re: OT - Scottrade



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Joe - I'm sure you know that a majority of Scottrade's nasdaq orders are routed to Knight for the trade and there is payment to Scottrade for this .

randy smith

Joe S wrote:

That's a good commission. But I don't think they offer IRA accounts. Not a
bad choice for an individual account though. Let me know if they do offer
IRA's.

Ameritrade also has their "Freetrade" division where the commissions are
zero, but you have to put up with them routing your order to their preferred
destination, which can be a problem.
----- Original Message ----- From: HBernst963@xxxxxxx
To: rdsmith5@xxxxxxxx ; omega-list@xxxxxxxxxx ; jhsnowden@xxxxxxxxxxxxx ;
marcmiller@xxxxxxxxx ; jes333@xxxxxxxxxxxx
Sent: Thursday, January 27, 2005 9:15 AM
Subject: Re: OT - Scottrade


Ameritrade has the IZone for low commission internet trading at $5.00 per
trade. No minimum number of trades per month. I just transferred my
Ameritrade account ($12 per trade) to IZone.
http://www.ameritradeizone.com/

Howard Bernstein