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Pastimes : ETRADE Sucks! -- Ignore unavailable to you. Want to Upgrade?

To: Patricia Meaney who wrote (3226)4/17/2001 6:14:52 PM
From: exactrade  Respond to of 3262
 
Patricia,

Regardless of the product that you choose at Etrade, you will be subject to what is called payment for order flow, whereby Etrade sells your order to a market making firm that then takes a position against your trade.

To avoid having your orders sold, you will need to use a direct access broker.

You can learn more about this topic at: www.tradersresource.com/pfof.asp

Hope this helps,

Michael Turner
President
Exactrade.com


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