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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?


To: LPS5 who wrote (7326)5/20/1999 9:59:00 PM
From: IJReilly  Read Replies (1) | Respond to of 12617
 
By Reg-T circumvention, I assume you are talking about firms allowing traders not listed on their broker-dealer registration (and are not true employees) to trade accounts that receive 10/1 to 20/1 leverage. Do you have info you could point me to that regulators are cracking down on this? I've been curious as to when this was going to happen. Thanks

IJ



To: LPS5 who wrote (7326)5/20/1999 10:00:00 PM
From: Richard Estes  Read Replies (1) | Respond to of 12617
 
"those who never had enough money to in the first place (to hold even just 1000 shares of a tradeable stock)..."

What is a tradeable stock? I know it is just your opinion, But wondered how you defined it



To: LPS5 who wrote (7326)5/20/1999 10:09:00 PM
From: TraderAlan  Read Replies (1) | Respond to of 12617
 
LPS5,

Do you think the discount houses are cracking their whips these days as much as the EDTs? They (the discounters) must still account for the vast majority of short-term liquidity the last 12 months, i.e. most day trading cash is still "part-time" with players jumping on the Net for quick trades in-between doing their real jobs.

Alan