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General Information |
| Brokerage name: American Research and Trading
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| Minimum account size: $3000-$5000
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| Base commission rates: $20-$30
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Brief explanation of margin rates, if applicable:
N/A
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| This brokerage has been in business for: 15-20 years
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| Primary type of broker: Futures
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Brief description of services offered:
Brokerage services for financial futures, commodities, stocks, bonds, mutual funds. Specializes in trading techniques utilizing Elliott Wave Theory and Gann Theory
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Account Information
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Types of trading accounts offered:
| 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:
| Stocks
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Bonds
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Mutual Funds
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Options
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| Futures
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Cash markets
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Indices
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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:
| Online Broker(trade desk)
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Broker
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Exchanges covered:
| Alberta Stock Exchange
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American Stock Exchange (AMEX)
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CBOE-Chicago Board Options Exchange
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CBOT-Chicago Board of Trade
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| Chicago Stock Exchange
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Cincinnati Stock Exchange
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CME-Chicago Mercantile Exchange
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CSCE-Coffee Sugar & Cocoa Exchange, Inc.
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| EASDAQ
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KCBT-Kansas City Board of Trade
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LIFFE-London International Financial Futures Exchange
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MidAm-Mid-America Commodity Exchange
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| NASDAQ
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New York Stock Exchange (NYSE)
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NYCE-New York Cotton Exchange
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NYMEX & COMEX-New York Mercantile Exchange
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| OTC
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Pacific Exchange
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Philadelphia Stock Exchange
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Toronto Stock Exchange (TSE)
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| Vancouver Stock Exchange
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| Setup or initial costs to set up an account: N/A
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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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| Trading software- charts & graphs (create trading systems, scan and sort based on technical criteria)
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Head line news
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Portfolio management
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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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| Allow stop, limit, and stop limit orders? Yes
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| Charge extra for stop, limit, and stop limit orders: Yes
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| Offer 24 hour customer support: Yes
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| Offer tax planning advice: Yes
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Additional Comments
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Special features included in the service are:
full service through broker, discount through internet
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This broker's service is better than the competition in these areas:
Broker (Kevin W. Murphy) specializes in trading Elliott Wave Theory and Gann Theory. Credentials include four top 10 finishes in national investing competitions and first place in 1993 USA Today/FNN National Investment Challange.
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Types of security precautions taken for customers:
Data is encrypted by U.S. Securities and Futures Clearing firm.
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Communications during systems failures has been assured through:
U.S. Securities and Futures
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The major plans for upgrading the current level of trading service are as follows:
Providing advisory services online to clients so they may read daily updates on top advisory services.
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