Chris or anyone...Familiar with this group?
SURETRADE, INC. OFFERS SECURITIES TRADING AT $7.95 PER TRADE Brokerage Commission Applies to Market Orders or Limit Orders of up to 5,000 shares, Conducted Over the Internet. Commission is the Lowest of any NASD Member Firm
NEW YORK, November 10, 1997 -In an unprecedented competitive move which sets a new price and quality standard for securities trading on the Inter- net, the brokerage firm SURETRADE, Inc., today said it would charge $7.95 per trade to buy or sell up to 5,000 shares of stock. SURETRADE's broker- age commission applies to both market orders and limit orders conducted over the Internet. There is no minimum account size or minimum number of trades to qualify for the $7.95 price, which applies to both listed and over the counter stocks. These commissions are the lowest available from any NASD member brokerage firm. SURETRADE, at www.SURETRADE.com, offers a market-tested and proven Internet securities trading system, developed in partnership with Reuters. SURETRADE's system is one of the fastest, easiest to use and most comprehensive securities trading systems on the Internet.
SURETRADE's new pricing and Internet securities trading brand and features will be promoted through a planned advertising campaign created by the ad- vertising agency, Wieden & Kennedy, New York, and through online advertis- ing created and placed by CKS SiteSpecific.
"SURETRADE is the best, most competitive trading system for investors who want to get hands-on with trading and research, and reap the benefits of the very lowest commissions available," said Don Montanaro, President of SURETRADE, Inc. "In taking advantage of the best value on the Internet, the SURETRADE investor has access to an exceptionally reliable and compre- hensive Internet trading system, with an unmatched richness of portfolio man- agement and information features.
"Access to professional-caliber research tools and rock-bottom commission rates help SURETRADE investors reach their financial goals more quickly than ever before," noted Montanaro. "At SURETRADE, there are no hidden charges such as inactivity fees, or postage and handling fees. To enjoy our low $7.95 price, there is no minimum account size, minimum number of trades, or qualification on the type of stock traded, unlike others who place such restrict- ions on their so-called low pricing, or who offer a headlined price only for trades in over the counter stocks."
Features of the SURETRADE securities trading system include:
$7.95 per trade for up to 5,000 shares, applying to market or limit orders conducted over the Internet or by touch tone telephone. No hidden charges. SURETRADE does not impose additional charges such as inactivity fees and postage and handling fees. Accounts are protected up to $50 million per customer ($500,000 under SIPC, including $100,000 for cash claims) and an additional $49.5 million in protection provided by Aetna Casualty and Surety Company. Confirmation of orders within seconds of execution, with portfolio updated automatically. Free real time quotes (up to 100 per day), from Thomson Financial. Free unlimited portfolio access and the ability to create charts as well as monitor investments in real time. Free Reuters company news, market news and other information on stocks, bonds and mutual funds. Reuters IncLink provides free detailed profiles on 12,000 publicly traded companies. Free access to * The professional version of Briefing.com. * The premium version of Zack's Company Reports * INVESTools, including Morningstar on Demand * BASELINE, providing fundamental, technical and earnings estimates on over 7,500 stocks Free access to (continued) * BigCharts, a charting service oriented to technical investors * Second Opinion from MarketEdge Ability to trade stocks, options, mutual funds and bonds via SURETRADE.com and stocks and options through a touch tone telephone.
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