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Non-Tech : MB TRADING

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To: Len who wrote (184)5/13/1998 5:37:00 PM
From: Spots   of 7382
 
Miscellaneous info from a call to MBTrading which I couldn't
find on the web site:

Interest on cash balance is 4.3-4.5% (didn't know exactly,
but in that range).

Margin rate is 8 1/2% regardless of margin balance.

MB Lite Level II is $50 extra, waived if you make 20 trades.
This level II is a feed. You have to supply your own software
to make use of it. It was designed to work with --------
(sorry, I've forgotten, perils of advancing years), anyhow
something specific, link on the MB Web site.

You CAN put your account dormant if you want to completely
stop using it for a month or two, for, say, backpacking in
the alps or an African safari or something. Fees will be waived.
Mechanism uncertain; I assume you would have to arrange
it in advance.

Spots
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