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


To: JerryPutnam who wrote (2378)11/29/1998 11:14:00 AM
From: Shoot1st  Read Replies (1) | Respond to of 7382
 
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Talk : Brokers/Resources : TERRA NOVA TRADING

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To: +JerryPutnam (9 )
From: +shoot1st
Sunday, Nov 29 1998 11:12AM ET
Reply # of 11

Public or private makes no difference........ My interest is in when a client of X could
have accessed/found/used the 7 page, detailed margin explanation. How does anybody
trade accurately without this information?

Why did the people at X never refer me to this info?

Why would SW not require this info be accessible through X ?

If SW info says that E-mail will be sent when a call is generated...why have I never
received one?

Are they stopped by somebody?

How many of X clients get calls on average, throughout a month of trading days?

Since SW states firmly that any margin that is not met will forever terminate that clients
ability to trade through SW, is this the reason X systematically offers "the overnight
bank" to settle these calls, thus keeping clients for both X and TerraNova?

Is a branch of TerraNova legally positioned to deposit money into a customer account
to settle a margin call?

Are the $100 charges for use of this "overnight bank" shared with TerraNova?

Does this $100 fee in any way go against the contractual relationship between X and
TerraNova or SW securities?

Is this $100 fee subject to bank lending rules?

Is this $100 fee a comingeling of client funds?

I have more questions but I just got up and need to go kill something for the dogs to eat.

Shoot1st

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