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


To: wmwmw who wrote (2678)12/12/1998 1:15:00 PM
From: Colin Cody  Read Replies (1) | Respond to of 7382
 
This is very troubling if true. After months of reading the BBs here no one ever mentioned the restrictive margin issues here.

Are ALL Real Tick III vendors under the same set of rules?

Who is not? Cyber Trader? All-Tech? Kill-Key?



To: wmwmw who wrote (2678)12/12/1998 1:34:00 PM
From: wmwmw  Respond to of 7382
 
This is a SEC rule but firms have different interpretations.
I know Etrade and datek update buying power intraday, and I heard livetrade(RT111) also but am not sure.



To: wmwmw who wrote (2678)12/12/1998 6:25:00 PM
From: tom pope  Read Replies (1) | Respond to of 7382
 
When you sell an overnite you will find an amount corresponding to the sale in "intraday credit". I don't recognize the restriction Wang Wei refers to, if it means that after liquidating an overniter and subsequently day trading other stocks you cannothold any overnite positions.

This is a complicated issue, obviously, and it would be helpful if any MBT'ers who monitor this thread would comment on Colin's question and the situation described by Wang Wei.

This sort of confusion is why I just say - mine not to reason why, mine just to check acctinfo2 and follow blindly what it tells me.