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Re: clearday post# 7803

Sunday, 12/11/2011 3:01:06 PM

Sunday, December 11, 2011 3:01:06 PM

Post# of 12911
This is what I was told by zecco today?
The symbol you are attempting to trade has been recently deemed Non-DTC eligible. What this means is that the company is not eligible for electronic clearing and settlement, therefore, trades need to be settled with physical certificates which carries with it a substantial cost. Zecco is currently only accepting sell orders for these symbols via phone at 877-700-7862. We apologize for the inconvenience, but this is done to ensure you are fully aware of the fees (approximately $200-$700 assessed by the market entities) associated with settling trades by way of physical delivery.