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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: OX who wrote (41477)11/22/2000 3:04:58 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
I guess one issue that appeals to me is the ability to move cash back and forth between Equity and Futures accounts. I may XFer an account I have for Options and equities from Man to there.

The only issue I have with a lot of these firms is traceability. I buy stock and hold for years, trading almost entirely Futures. So when I sell stock, I go nuts the following year trying to find basis. Been converting most of my accounts to Merrill to take advantage of the CMA account where they maintain the original cost basis. Makes it much easier.

Does not sound like much, but when you sell off a stock that you have had since the 1980s, for example, which may have split several times to boot then digging through records is a pain.