Feedback on Jefferies

Discussion in 'Retail Brokers' started by MTE, Dec 10, 2008.

  1. MTE

    MTE

    Hi,

    Does anyone have any experience in dealing with Jefferies (the investment bank) or have any insight into them, in particular with respect to their services as a clearing broker?
     
  2. meir13

    meir13

    Depends on the markets you trade. But from my point of view Jefferies are just fine and stable. For PB account seem to be more solid that big Wall Street Firms.
     
  3. MTE

    MTE

    Thanks for replying!

    Let's say listed options in the US.
     
  4. meir13

    meir13

    they should be fine on any listed US options. dont know about commission. coz I couldnt get good deal with them for me. Also they used to have about USD 1.5 million as minimum size of PB account for portfolio margining. Sorry dont know current situation.
     
  5. MTE

    MTE

    No worries, thanks for the feedback!
     
  6. meir13

    meir13

    You are welcome. If you want to ask me more about US listed options, do sent PM. Looks like we are in the same corner of the market.
     
  7. ProTrade Greg

    ProTrade Greg ET Sponsor

    We clear through Jefferies and therefor highly recommend them. If you prime through Jefferies and are looking for an alternate execution broker with multiple trading platforms and direct NYSE floor access for market intelligence and color, give us a call.

    Sincerely,

    Greg Davis
    ProTradeFinancial.com
    212-380-6898
     
  8. MTE

    MTE

    Thanks for the offer, but not at the moment.