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Optimistic Trader

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Optimistic Trader

Re: jlaw68 post# 18819

Thursday, 02/27/2014 3:36:24 PM

Thursday, February 27, 2014 3:36:24 PM

Post# of 235079
I got ahold of a rep at Scottrade and he looked up SFOR's ticker and said they are not allowing anymore purchases of SFOR (only sales) due to NSCC Liquid Charges. In a nutshell, it means that there is now a higher cost for them to trade the SFOR ticker...ticks me off because I'm the customer and they won't trade SFOR because they won't profit as much. That is a bum deal. This can happen from other brokerage firms too.
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