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Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?


To: Nazbuster who wrote (1853)11/8/1998 5:19:00 PM
From: Rick Faurot  Respond to of 7382
 
Daniel,

If you go with MBT, I think you'd have to cancel Stockedge to avoid double fees. The reason is each provider has to pay the fees for every subscriber he gives them to. As you probably have heard, you will pay no fees at MBT if you do fifty trades per month. By the way, I suggest you sign up for futures permissioning while you are signing up. It's an extra $60 a month or something but also cancelled by the fifty trades. With futures you can have the S&P Futures quote which is crucial to trading successfully.

Rick



To: Nazbuster who wrote (1853)11/8/1998 6:09:00 PM
From: Colin Cody  Read Replies (2) | Respond to of 7382
 
Daniel, Exactly what I started thinking the other day! I have my non-professional usage fee of $50 paid thru MBT now that I'm with them AND I also have a $50 usage fee with SEOL (service prepaid for one year) that I am keeping for back-up purposes until I get comfortable with MBT.

The NASD $50 non-pro fee is PER USER, not per account. Once we pay $50 for the month, it shouldn't make any difference how many accounts we are getting Level II over.

There should be a REFUND / REBATE system available from the NASD. We'd have to present proof of double payment, and they'd reimburse us for the overpayment. But HOW do we do that??

Anyone else have two Level II systems and double $50 fees?

Colin