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Non-Tech : Wit Capital - The way of the future? -- Ignore unavailable to you. Want to Upgrade?


To: eDollar.com who wrote (6194)7/3/1999 9:33:00 PM
From: eDollar.com  Read Replies (2) | Respond to of 16809
 
This message is for TOPANNUITY - This is not WIT IPO related.

Top,
in the discover thread u had mentioned that u had opened an account and stated
"I simply requested a DTC transfer of several of
my core holdings "

Question 1) Now what is a DTC transfer. How do I do it.

This is my position.
(1) I have around 200 ATHM at 85% margin with another broker who has no internet trading and doesnt give IPOs
(2) I have opened a margin account in eTrade.
(3) I want to fund my eTrade with margin shares from other brokers.

Question 2) Can a DTC be done with a margin account or only with cash account

Question 3) Do I call etrade or my old broker who has the securities to initiate this?

I know I can open an account and do a transfer but this takes a month I was told in eTrade. How do I do something within 2 Days????