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fourkids_9pets

05/05/11 1:28 PM

#5066 RE: caltrader #5064

check out

http://www.ridgeclearing.com/about.asp

wholly owned by broadridge ..
and affiliated with penson <zecco>

http://www.broadridge.com/


edit>>>>

post from the MMTE board

jmbar2
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Thursday, May 05, 2011 1:14:43 AM
Re: None Post # of 60045

Re: Restrictions on buying MMTE

After not being able to buy MMTE at Zecco today because of its clearing firm, Penson, I began looking for a new broker.

OnlineBrokerreview.com has a chart showing the following brokers all use Penson

- eOption
- Firstrade
- OPtionsHouse
- Scottrade
- Sogotrade
- Thinkorswim
- Zecco

http://www.onlinebrokerrev.com/2011/01/broker-clearing-firms.html

I asked Scottrade specifically today if they use Penson and the rep said no, so not sure if the list is incorrect or the rep.

Did any Scottraders have problems buying MMTE shares today? Thanks - wanna be darned sure not to get trapped again.


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62768543&txt2find=thinkorswim

edit>>>> no. 2 .. link added courtesy of janice shell

http://www.securitiestechnologymonitor.com/news/-25746-1.html

quick glance >>>> of note

Current plans call for Penson to convert its Canadian clearing operation to the Broadridge platform in the fourth quarter of 2010, and its United Kingdom and United States clearing operations during 2011.

==
4kids
all jmo
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janice shell

05/05/11 1:28 PM

#5067 RE: caltrader #5064

Ridge is owned by Penson now.