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11/14/03 10:31 AM

#17511 RE: Elmer Phud #17509

Elmer, I don't know. I don't have directed trading available on my accounts. (Just got their gold rates last week.)

Going to have to find out about getting the directed trading tacked onto the account.
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HailMary

11/14/03 10:47 AM

#17514 RE: Elmer Phud #17509

That is my question as well. After doing some research last night, I'm thinking about Cybertrader.com. They seem to be the only direct access broker that also has a web trading option. This is crucial to me. They're owned by Schwab, so I would feel safer with my money there. I'm thinking the X2 package for when I'm at home, and web access when I'm at work. I'll probably get the premium data package that allows seeing level 2 options (all available bids/asks on each of the 5 exchanges). This is $150/month, but the fee is waived with 20 trades or 200+ option contracts. I don't normally do that many trades a month, but I do typically deal in that number of contracts. Even on months I don't, it will be worth it if I save .05 on just one trade. Their commisions are cheaper than etrade too.

HailMary