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Non-Tech : MB TRADING

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To: Colin Cody who wrote (2096)	11/21/1998 6:28:00 PM
From: tom pope	Read Replies (1) of 7382

>>I normally then get a confirmation via WSA's web page within a couple minutes. When I don't get a "confirmation" from time to time, I call my broker, and they find it and confirm verbally to me. With MBT wouldn't this be basically the same?<< No it wouldn't. Confirmation is immediate with MBT. In fact, it's so reliable that often I don't bother checking the order entry screen. When I see the order disappear from the Level II screen, I know it's been filled. If by WSA you mean Wall Street Access, I opened an account briefly (VERY briefly) with them and closed it after 2/3 trades when I didn't even see my order represented on Level II - not just for a minute, but ever. I hold no brief for MBT, and have had runins with them on administrative matters. And their non-support of IRA's in spite of continuing bland assurances that they're working on it just means that I'll move a $200K account away from them. But for trade execution - they're flawless. BTW - MBT's much better than ABW's Watley desk. Whoever sits on that desk must be in the bathroom half the time. Waiting for confirmation that your order has even been entered is like catching a waiter's eye in a crowded restaurant.

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