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


To: funk who wrote (2247)11/24/1998 10:26:00 PM
From: Joseph H. Leiti  Read Replies (1) | Respond to of 7382
 
Funk and others too please "Question"
As a semi newbie to the live trading platform environment. One question .. I hesitate to ask .. but no one else has .. and in light of an E-Mail I got today about
"if you wish to cancel your account .. you must do so by the 25th or be charged for the following month" (This is the 1st time I've gotten a message like this and todays the 24th)

Question .. "Is my money safe"? Don't mean to cause a ruckus but ..
If the things that Scanshift is saying are true, past and present, I'm sure there are some that may choose NOT to deal with this firm. And if enough people were to leave all at once, what could happen ? Could my funds be tied up behind closed doors for awhile. What happened to the customers at Block. (or will there be more room for me to add a couple more MM screens :)

I'm a happy customer. I'm hoping the extra profits to MBT will be put to work to improve the service (and of coarse who wouldn't like to see lower commissions but hey, maybe in time).
Somebody calm my concerns
Thanks in Advance joe Naples Fl

PS : I too have had an occasion to see an ARCH/TNTO get stepped into but wasn't sure if it was the recent lag on L2 due to "overtaxing the system"
Let me make this clear ... I am not accusing anyone of anything, and am fully aware of the higher commissions I'm paying than with other firms but more importantly I want to be sure I'm dealing with a reputable firm, I believe I am, but I'll always ask. Lifes too short and trading/talking heads are tough enough to deal with on a daily basis