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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Matthew L. Jones who wrote (5451)11/15/1999 8:09:00 PM
From: Eric P  Read Replies (1) | Respond to of 18137
 
Matt:

Unless AB Watley has changed their program, they do have a minimum balance level required (~$20k avg free cash balance) in order to get 'free' Level II quotes. Also, beware that another trade-off in this program is that accounts getting 'free' Level II don't get money market rates on their cash balances. Instead, they pay you ~1.5% interest on your money. As they say, there's no Free Lunch.

-Eric