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Strategies & Market Trends : Trader J's Inner Circle
NVDA 180.94-1.5%Dec 11 3:59 PM EST

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To: DADEPFAN who wrote (1722)12/11/1998 12:34:00 AM
From: Trader J  Read Replies (1) of 56535
 
Dade: If you transfer brokers you can do it one of three ways that I know of.

1) Liquidate and transfer by check.
2) Liquidate and transfer by wire.
3) Security transfer, whereby you have a position and file the form that allows the securities in the account to be transferred to the receiving broker. With Schwab, you can even still trade up to 24 hours before the transfer is going to take place. Normally, however, this process takes 2-4 weeks. To Brown and Co, it is about 4 weeks.

Good luck

TJ
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