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Re: OT - Scottrade



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You're right VK.  Come to think of it, I'm going to transfer all my accounts
to Fidelity, stop using Tradestation, and ask Peter Lynch to manage my
accounts with Wealth Lab.

----- Original Message ----- 
From: "VK" <volker@xxxxxxxxxxxxxx>
To: "'Joe S'" <jes333@xxxxxxxxxxxx>; "'Randy'" <rdsmith5@xxxxxxxx>
Cc: "'Omega-List@xxxxxxx Com'" <Omega-List@xxxxxxxxxx>
Sent: Thursday, January 27, 2005 2:05 PM
Subject: AW: OT - Scottrade


...or 8$ with Fidelity? Why so hot on Scottrade?

Regards,

Volker Knapp
(www.wealth-lab.com)


-----Ursprüngliche Nachricht-----
Von: Joe S [mailto:jes333@xxxxxxxxxxxx]
Gesendet: Thursday, January 27, 2005 7:49 PM
An: Randy
Cc: Omega-List@xxxxxxx Com
Betreff: OT - Scottrade

No, I didn't know that Scottrade nasdaq orders are routed to Knight.
Thanks.  Still, would I rather place a trade with IB, which I just paid $17
per side for my last trade of 3000 shares, or would I rather pay $7 per side
with Scottrade?

----- Original Message ----- 
From: "Randy" <rdsmith5@xxxxxxxx>
To: "Joe S" <jes333@xxxxxxxxxxxx>
Cc: <HBernst963@xxxxxxx>; "Omega-List@xxxxxxx Com" <Omega-List@xxxxxxxxxx>
Sent: Thursday, January 27, 2005 1:15 PM
Subject: Re: OT - Scottrade


> 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
> >
> >
> >
> >
> >