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Strategies & Market Trends : SOES Trading

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To: Hawk River Trading who wrote (908)	8/26/1997 12:55:00 PM
From: Ray Snow	of 1618

Anybody: Been looking around at SOES/day trading firms. Many have different leverages(of their capital) if you have a Series 7 or not. Example leverage 4:1 with no license and 8:1 if you have a series 7. Yesterday I talked to one who told me you can't SOES trade with a 7, only with your own personal account. I had been thinking about getting my 7/63 to increase leverage if needed. Can someone shed some light on this?? For soes and day trading at one of these firms,(Block,All-tech ,etc.), should I NOT bother getting licensed?? Is there a seperate distinction between SOES and Day trading?? Many THX, Ray Snow

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