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April 15, 2002
In our continuing effort to
lower our clients average trading costs, we are pleased to announce
our new Options commission schedule. We have changed our commissions
for Options trades from $2.50/contract with a $25 minimum ticket,
to a $10 flat fee plus $2/contract.
If you are interested in adding options trading capability to your
existing account please print, fill out and mail to us the Option
Agreement form, which can be found by clicking the link:
https://www.mastertrader.com/forms/Penson_Option_Agreement.pdf.
We will then contact you to let you know if you are approved for
trading options, which specific types of option transactions you
may place and when you may enter your first option trade electronically.
Please be aware that options trading and certain options strategies
may not be suitable for you and can potentially expose you to significant
losses.
If you have any further questions, please call our customer support
department.
TOLL FREE - 1-800-424-3934.
Did you know that ALL Mastertrader.com clients get FREE
access to the Pristine ESP™ Scanning
Software and a Pristine
Premier Suite by executing at least one trade each month?
Please go to the Mastertrader.com web site, http://www.mastertrader.com/offers.asp
for more details.
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