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

To: snerd who wrote (4373)	3/27/1999 12:28:00 AM
From: Nancywaz	Respond to of 7382

Snerd, Their service is generally good and reliable, and they they try to stay on top of things (for example, they started using a backup tape when their clearing firm Southwest Securities was slow in updating accounts, which messed up MB clients' buying power). And they send out real-time advisories when situations arise such as the NASDAQ quotes being slow or an ECN being down. One thing I don't care much for is the ARCA ecn, which I used almost exclusively at first and now rarely use. I think it is slow, and sometimes active issues get bogged down with "chippies" on the bid or offer. I've had better luck getting fills on Island. Also the Southwest Securities account margin statements are rather confusing. Overall though, I think MB is one of the better brokers to deal with.