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Non-Tech : Scottsdale Securities -- Ignore unavailable to you. Want to Upgrade?

To: Zeuspaul who wrote (9)	1/17/1998 2:16:00 PM
From: Zeuspaul	Read Replies (1) \| Respond to of 18

Scottsdale is changing their pricing structure. The new minimum for Internet trading will be $2000, down from $10,000. The cost for a market order will be $7, down from $9. The cost for a limit order will be $12, UP from $9. I received the following email >>Special Announcement Changes at Scottrade Scottrade will soon begin executing market orders for only $7.00 on the Internet. Effective January 20, 1998 we are making the following changes to our on-line accounts. 1. The $19.00 rate for accounts having less than $10,000 minimum equity is being eliminated. 2. There will be only one minimum equity threshold for an on-line account - that will be $2,000. All on-line accounts will need to maintain a minimum of $2,000 equity in order to continue their on-line commission status. 3. In order to be categorized a Scottrade on-line account the majority of your trades must be transacted on the Internet. In order to give our customers flexibility and back-up we will allow up to 25 % of an on-line customers trades to be done on the touch-tone system or broker assisted. We believe the changes we have made to our Scottrade product will benefit our customers. The changes definitely make us more competitive. For a full explanation of the new commission schedule, please log into Scottrade.com at your convenience. If you do not choose to be classified as an on-line customer, please call your local branch and let them know it is not your desire to predominately execute trades on the Internet. You may also e-mail that request to not_online@scottrade.com. We have spent a lot of time and money bringing Scottrade up to its present status. If your old Scottrade site is still cached in your browser, please take a moment to refresh your directory. If you are unclear how to accomplish this please go to: scottrade.com. We hope you will be pleased with the stability and speed of Scottrade.<<