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To: J T who wrote (12736)8/27/1998 11:03:00 AM
From: ISOMAN  Read Replies (1) | Respond to of 43774
 
TONTO and ARCA are usually the ECN market makers. You throw in your order and it comes on the screen as tonto or arca.




To: J T who wrote (12736)8/27/1998 11:13:00 AM
From: ISOMAN  Read Replies (1) | Respond to of 43774
 
Here is what the executioner charges:

The Executioner I

COMMISSION RATES:

NASDAQ or LISTED $22.50 Per Trade

Note: Rates are based on unlimited ticket size
regardless of exchange. There are no additional "per
share" fees except for the below listed ECN fees.

USE OF SOFTWARE:

$175.00 Per Month
$58.50 Exchange Fees (NASDAQ-NYSE-AMEX)
(No charge with 25+ transactions per month)

Exchange fees and use of software (Real Time dynamically
updated NASDAQ Level I and II, NYSE and AMEX quotes as
well as intraday charting) is free to those traders who make 25
trades per month.

ADDITIONAL ECN FEES:

ARCHIPELIGO (TNTO):
ISLAND:
INCA:
BLOOMBERG
FREE
$1.00 Flat
$0.010 Per Share
$0.015 Per Share

MISCELLANEOUS FEES:

Returned Check:
Stop Payment within 10 days:
Certificate Registration:
Overnight Delivery:
$15.00
$10.00
$15.00
$ 7.50

TRANSFER FEES:

ACAT, DTC
Foreign Transfer, ACAT
Wire-Domestic
FREE
$25.00 - $50.00
$15.00

OPTIONS:

Phone Orders:
Paul Adcock
800-452-6294
312-960-1318

Lot size of 1-5
Lot size of 6-20
Lot size of 21-49
Lot size of 50+
$7.00/option
$4.00/option
$3.00/option
Negotiable

**$25.00 minimum ticket charge

EXCHANGE FEES:

NYSE
Amex
Nasdaq Level II
Nasdaq Level I
Options
CME
CBOT
$5.25
$3.25
$50.00
$4.00
$5.00
$55.00
$60.00
per month
per month
per month
per month
per month
per month
per month

OPTIONAL SERVICES:

Real Time News
$50.00
per month

ACCOUNT
PROTECTION:

Securities in your account are
protected up to $500,000 (limited
to $100,000 for cash) through The
Securities Investor Protection
Corporation (SIPC) with an
additional $24.5 million (cash and
securities) of coverage through
American International Group , Inc.
(AIG).

Accounts are cleared through
Southwest Securities, a Dallas
Texas based publicly traded
company on The NYSE under the
symbol SWS.

MINIMUM:

Minimum ammount needed to
establish an account is $10,000.

The Executioner II

COMMISSION RATES:

NASDAQ or LISTED $22.50 Per Trade (0-19 Trades)

NASDAQ or LISTED $21.95 Per Trade (20-49 Trades)

NASDAQ or LISTED $20.95 Per Trade (50-99 Trades)

NASDAQ or LISTED $19.95 Per Trade (100-149 Trades)

NASDAQ or LISTED $18.95 Per Trade (150+ Trades)

Note: Rates are based on unlimited ticket size
regardless of exchange. There are no additional "per
share" fees except for the below listed ECN fees.

As one upgrades up the commission scale, discounts
are retroactive to the first trade of that month.

USE OF SOFTWARE:

$250.00 Per Month
$58.50 Exchange Fees (NASDAQ-NYSE-AMEX)
(No charge with 50+ transactions per month)

Exchange fees and use of software (Real Time dynamically
updated NASDAQ Level I and II, NYSE and AMEX quotes as
well as intraday charting) is free to those traders who make 50
trades per month.

ADDITIONAL ECN FEES:

ARCHIPELIGO (TNTO):
ISLAND:
INCA:
BLOOMBERG
FREE
$1.00 Flat
$0.010 Per Share
$0.015 Per Share

MISCELLANEOUS FEES:

Returned Check:
Stop Payment within 10 days:
Certificate Registration:
Overnight Delivery:
$15.00
$10.00
$15.00
$ 7.50

TRANSFER FEES:

ACAT, DTC
Foreign Transfer, ACAT
Wire-Domestic
FREE
$25.00 - $50.00
$15.00

OPTIONS:

Phone Orders:
Paul Adcock
800-452-6294
312-960-1318

Lot size of 1-5
Lot size of 6-20
Lot size of 21-49
Lot size of 50+
$7.00/option
$4.00/option
$3.00/option
Negotiable

**$25.00 minimum ticket charge

EXCHANGE FEES:

NYSE
Amex
Nasdaq Level II
Nasdaq Level I
Options
CME
CBOT
$5.25
$3.25
$50.00
$4.00
$5.00
$55.00
$60.00
per month
per month
per month
per month
per month
per month
per month

OPTIONAL SERVICES:

Real Time News
$50.00
per month

ACCOUNT
PROTECTION:

Securities in your account are
protected up to $500,000 (limited to
$100,000 for cash) through The
Securities Investor Protection
Corporation (SIPC) with an
additional $24.5 million (cash and
securities) of coverage through
American International Group , Inc.
(AIG).

Accounts are cleared through
Southwest Securities, a Dallas
Texas based publicly traded
company on The NYSE under the
symbol SWS.

MINIMUM:

Minimum ammount needed to
establish an account is $10,000.

As you can see, insider trading is in line with the competitions fees.

executioner.com