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General Information |
| Brokerage name: Professional Services Division of RCG, LLC
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| Minimum account size: > $10000
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| Base commission rates: $16-$20
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Brief explanation of margin rates, if applicable:
Exchange - SPAN minimum margin rates half margin rates for day trading
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| This brokerage has been in business for: 5-10 years
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| Primary type of broker: Instant order execution-Futures
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Brief description of services offered:
Internet/online trading, Direct Floor Access, Systems Trading (ProSystems+), Managed Futures, Forex Trading, Commercial Hedging, Portfolio Management.
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Account Information
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Types of trading accounts offered:
| Premium Service
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Phone (touch tone) Discount Broker
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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:
| Options
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Futures
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Cash markets
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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:
| CBOE-Chicago Board Options Exchange
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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:
| Basic -charts & graphs
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Portfolio management
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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:
N/A
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This broker's service is better than the competition in these areas:
ifutures w/ Swarm Technology - multiple oder routing capabilities - Direct Link to CME Fix API available ProSystems+ - Customized, blended professional trading systems portfolio(s).
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Types of security precautions taken for customers:
Highly Secured Internet Trading and Account Access
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Communications during systems failures has been assured through:
Phone/Desk Backup
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The major plans for upgrading the current level of trading service are as follows:
ifutures enhancements: Real-Time Acct. Balance and P/L tracking, easier Multiple Acct. Trading, Customized quick buttons. Internet account balance access.
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