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Non-Tech : MB TRADING

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To: rodney beasley who wrote (3762)	2/8/1999 10:02:00 AM
From: William S.	Read Replies (1) of 7382

rodney, i called vanburen to get some info, min acct size is 25k, goes into a common account with the firm, money is unsecured, real tick data feed is $400/mo, commissions are 2 1/2 cents per share and can go down to 1 7/8 cents per share depending on volume. member gets registered as a trader, fingerprinted etc. margin is 10/1 intraday, 6/1 overnight. Besides the margin reqmts (which may be a disadvantage) i see no benefits over mb and a lot of risk if the firm goes under. i think i will stick with mb for now. i would be interested to know if tim, rick or any of the more experienced traders use one of these firms. Bill

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