Archive for the 'Brokerage' Category

Brokers With Lowest Margin Interest Rates

Saturday, May 9th, 2009

Recently I did some research into brokers with low margin interest rates and with low trading commissions ($3 or less per trade). Since I already had them all typed out in my notes, I thought I would post them in case someone else might find it useful. The rates are valid on or around April […]

Higher new fees at Tradeking

Monday, January 12th, 2009

After my bout of issues (Tradeking is holding my money hostage and Tradeking changes its ACH holding time to 60 business days) with Tradeking, I haven’t actively used my Tradeking account. Recently, I happen to notice that Tradeking has changed part of its fee structure.
First of all, Tradeking has significantly increased its margin interest rates. […]

Wells Fargo adds tax-lot trading to online system

Monday, December 15th, 2008

Thanks to reader Buddy Hall’s feedback, I now know that Wells Fargo has just added tax-lot trading to their online system.  Now, there is “no more calling into a broker after sale to identify your tax lot sold. Wells Fargo offers new web interface to specify shares from tax lots to be sold.”
The link to […]