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A MUST FOR ACTIVE TRADERS

M. Ingebretsen delivers a perfect overview of online brokers who offer free tools and services at decreasing cost. This small summary and the links included are especially useful for daytraders executing 10 or more trades a day--but less active traders can easily benefit from the services offered by these companies. Did you know that minimum commission fee can be kept as low as 1.5 cents/share? Some brokers and data providers offer level 2 qoutes showing the entire range of bid/ask prices from market makers at surprisingly low rates. Other tools include automated tax recordkeeping and advanced analytical tools, like continuous price scanning (which assures the best price execution). You best read this article yourself and check out all the links included so you'll know the scope of companies, services, and fees available on the Net. You'll certainly be surprised!

Thu, 16 Mar 2000 07:40:43 -0800

Submitted by: Juergen Lahnsteiner