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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Lost1 who wrote (28566)4/15/2000 9:03:00 AM
From: long-gone  Respond to of 63513
 
just got this:
Due to changes in SURETRADE's internal cost of borrowing, we have found it necessary to review and revise our margin rate schedule.
As you can see, SURETRADE remains committed to providing low margin rates to our customers.

Effective April 16th, 2000 any margin account with SURETRADE will be subject to the following margin interest rate schedule based on broker call rate*. Currently, the broker call rate is 7.75%, which
has been in effect since March 22, 2000.
EFFECTIVE
AMOUNT VS. BROKER RATE AS OF
BORROWED CALL RATE 3/22/00*

$1 to $49,999 .25% over broker call 8.00%
$50,000 to $99,999 at broker call 7.75%
$100,000 to $499,999 .25% below broker call 7.50%
$500,000 or more .50% below broker call 7.25%


* Investing on margin may not be suitable for all investors.
Broker call rate is subject to change without notice.
See site for detail.