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Strategies & Market Trends : BDH -- Broadband HOLDRS SM Trust -- Ignore unavailable to you. Want to Upgrade?


To: rkf who wrote (3)3/20/2000 9:06:00 PM
From: duncan moyer  Read Replies (1) | Respond to of 22
 
It will be in the neighborhood of $90/share but the product only trades in round (100) share lots.

For reasons unknown to me, Schwab requires orders for HOLDRs to be made through one of their brokers. You get the $29.95 commission however. There may be other brokers that have similar rules. Waterhouse allows web trades on HOLDRs. I have personal experience with these two, know nothing about others.

Does anyone here know when this thing is scheduled to start trading?