Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Thean who wrote (269)	1/28/1998 9:18:00 AM
From: John M. Hammer	Read Replies (1) \| Respond to of 2076

Thean, The condition that 50% or more of orders placed must come through WebBroker has been a condition since they began their flat-rate plan. It is specified in the documents for WebBroker access. So, if you place 20 trades a year, at least 10 of them must be through WebBroker or Waterhouse has the right to convert your fee plan to the standard rates. This is reasonable, since they offer the flat-rate plan to save money and they probably lose a little on each flat-rate trade placed via their private network, touch-tone, or live broker. John