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Strategies & Market Trends : DAYTRADING Fundamentals

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To: E. Davies who wrote (10072)9/3/2000 10:40:26 AM
From: exdaytrader76  Read Replies (1) of 18137
 
Its not Penson.

Cyber uses Penson, and I guarantee there are no such idiotic rules there.

From:
cybercorp.com

During the 1st Quarter of 2000, CyBerCorp was acquired by Charles Schwab and is now a wholly owned subsidiary of The Charles Schwab Corporation (NYSE: SCH - news).


I deal with the margin dept. of Penson on a daily basis. Everything I posted is 100% correct about Penson. The B/D has no influence over margin rules - or at least any B/D I've seen.

I imagine Cyber ditched Penson after the buyout, just my guess. I'm not trying to argue, but in my opinion, Penson really does blow goats.
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