General Information |
Brokerage name: Great Lakes Trading Company, Inc.
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Minimum account size: N/A
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Base commission rates: N/A
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Brief explanation of margin rates, if applicable:
N/A
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This brokerage has been in business for: 25-40 years
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Primary type of broker: Futures
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Brief description of services offered:
A Futures & Options, Financial & Commodities Consulting and Brokerage Firm. GLTC specializes in total service for the management of risk in business and speculative opportunities, as well as internet order placement, internet account access and managed futures.
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Account Information
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Types of trading accounts offered:
Full Service
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On-Line Full Service
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Premium Service
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On-Line Discount Broker
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Customers online account information is updated: Up to the minute
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Types of trades offerered:
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Other trade types: N/A
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Types of quotes offered to customers:
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Execution methods offered:
Electronic direct access trading(SOES, SNET and the ISLD ECN)
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Online Broker(trade desk)
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Broker
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Exchanges covered:
CBOT-Chicago Board of Trade
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CME-Chicago Mercantile Exchange
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CSCE-Coffee Sugar & Cocoa Exchange, Inc.
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KCBT-Kansas City Board of Trade
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LIFFE-London International Financial Futures Exchange
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MATIF-France's Futures & Options Exchange
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MEFF-Spain's Futures & Options Exchange
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MidAm-Mid-America Commodity Exchange
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Minneapolis Grain Exchange
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NYCE-New York Cotton Exchange
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NYMEX & COMEX-New York Mercantile Exchange
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Setup or initial costs to set up an account: 0
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Features
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Types of services offered to customers:
Technical Analysis
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Fundamental Analysis
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Basic -charts & graphs
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Advanced- charts & graphs (technical indicators, ability to change parameters, etc.)
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Head line news
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Unique proprietary stories and news coverage
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Allow naked option writing
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Ways customers can access their trading account:
Internet
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Telephone
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Broker
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Mail
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Allow stop, limit, and stop limit orders? Yes
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Charge extra for stop, limit, and stop limit orders: No
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Offer 24 hour customer support: Yes
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Offer tax planning advice: No
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Additional Comments
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Special features included in the service are:
Total service and commitment to our clients needs regardless of how they access futures and options markets.
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This broker's service is better than the competition in these areas:
Fast response if a trader is having technical difficulties. Years of experience in assisting clients with hedging or price protection options available. Assisting clients with speculative trading systems.
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Types of security precautions taken for customers:
N/A
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Communications during systems failures has been assured through:
Phone communication. GLTC is also back up by its clearing firm technical computer help desk in Chicago.
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The major plans for upgrading the current level of trading service are as follows:
N/A
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