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Non-Tech : Web Street Securities (WEBS)
WEBS 19.72+0.2%Dec 3 4:00 PM EST

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To: inchingup who wrote (362)5/6/1998 12:42:00 AM
From: nick nelson  Read Replies (1) of 1339
 
Gary,

Interesting comments, very informative. I also have an account with Flushing but have never traded it. I have noticed that Flushing appears to only accept fractions to 1/32. Would be interested in hearing if you can get smaller fraction(WSS allows to 1/256) on your OTC:BB trades. Both brokers should be offering decimals like 0.0775 on all OTC:BB stocks... but they definitely do NOT want the commissions.

Also, many times WSS has limited the number of shares on one OTC:BB order to about 40,000 max for $14.95. Flushing also uses US Clearing. Is Flushing also limiting the number of shares per order to US Clearing's 40,000 max or are you able to buy say 100,000 shares of a 0.04 cents stock in one order. I would be interested in your experiences with Flushing.

Thanks, nick
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