broker solvency in market crash

Discussion in 'Retail Brokers' started by neutrade, Jan 6, 2006.

  1. I'm not a fan of the 10k free loan, but Tradestation also plays this game. Etrade pays next to nothing on sweep balances.

    Brokers are depending on this for income.

    At current rates, thats a $300-400 a year haircut, not a trivial amount, not a kings randsom.
     
    #41     Jan 9, 2006