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Re: [RT] e-Brokerages



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Single account has two sub accounts with margins calculated for each.
Available cash is automatically moved as required to meet margin
requirements. A very slick piece of programming.

Earl

----- Original Message -----
From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, September 24, 2002 11:28 AM
Subject: RE: [RT] e-Brokerages


> This sounds great, but are your funds consolidated for the purposes of
> margin calculation ?
>
> Why haven't other brokers done this ?
> Why does IB have to be the only innovator in the business ?
>
> > -----Original Message-----
> > From: EarlA [mailto:earl.a@xxxxxxxxxx]
> > Sent: Tuesday, September 24, 2002 12:36 PM
> > To: realtraders@xxxxxxxxxxxxxxx
> > Subject: Re: [RT] e-Brokerages
> >
> >
> > Universal Account at www.interactivebrokers.com is my choice
> > hands down ...
> > been using it for about 6 weeks now. I can trade electronic futures and
> > options as well as stock futures and options in one account. I'm paying
> > $2.40 per side for emini, $1 to buy/sell SPX Leap Puts/Calls,
> > $7.50 to trade
> > 1,000 shares (proportionately less for larger orders) with no upcharge
for
> > stop and limit orders. Funding is a bit of a PIA since they don't
> > yet handle
> > ACH transfers. If you're looking for great customer service, look
> > elsewhere,
> > but the service is adequate and the trading platform is great.
> >
> > Earl
> >
> > ----- Original Message -----
> > From: <RobertB818@xxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Tuesday, September 24, 2002 10:10 AM
> > Subject: [RT] e-Brokerages
> >
> >
> > > Stocks are beginning to look promising again.  Would anyone care to
> > nominate
> > > his/her choice of the best e-brokerage for stock trading?
> > > Thanks -
> > > Bob
> >
> >
> >
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> >
> >
> >
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> >
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