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Non-Tech : MB TRADING

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To: - who wrote (5042)7/17/1999 4:04:00 PM
From: Shafik Habal  Read Replies (2) of 7382
 
P.A.T, ABW and MBT are both fine outfits. However, you mentioned that ABW doesn't offer ARCA. They do (although I am certainly not a fan of ARCA and thats well documented). Also, IFSX already went public a couple months ago (parent company for ABW).

The reason I chose ABW over MBT was for options trading via the RAES routing. Plus, ABW lets clients trade options in IRAs. Also, at the time, I wanted Dow Jones News, ABW was the only RT3 broker offering it. Southwest clears for MBT (don't like southwest) and Penson for ABW (Penson marginally better). You can ask other traders about Southwest, they seem kinda unorganized and often screw up balances in client accounts. Other than these differences, ABW and MBT are both pretty much the same.

I've enjoyed reading your posts on the YHOO thread, as well as others. Keep up the good work and best of luck.

Regards,
SH
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