Ameritrade Market And Marketable Limit Orders example essay topic
Qualified commission-free Internet equity orders must execute within 30 days of account funding. Limit one offer per client. Account must remain open with minimum funding for 9 months, or Ameritrade may charge the account for the cost of the free trades used. Ameritrade reserves the right to restrict or revoke this offer. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. Normal account opening, or margin account, requirement is $2,000.
Accounts open more than 6 months with a value below $2,000 are subject to a $15 quarterly maintenance fee. Accounts with at least four executed trades in the previous six months and Beneficiary accounts are excluded from this fee. Ameritrade subscription fees apply to NASDAQ Level II access. Access to real-time market data is subject to acceptance of the exchange agreements.
Access differs for professional users. Professional subscribers can access real-time services for the following monthly fees: options quotes $32.25, NASDAQ Level I $20, NASDAQ Level II $50 (includes Level I data), AMEX quotes $43.80, NYSE quotes $127.25 and Streaming News for $99. Ameritrade is not responsible for the quality, accuracy and suitability of third-party financial or investment information or services, including market data provided by the exchanges. Median trade time is derived from data provided by Market Systems, Inc., an unaffiliated third party vendor and dated 4th quarter 2004. Data is limited to Ameritrade market and marketable limit orders for at least 100 shares and up to 9,999 shares of NASDAQ National Market and Listed securities executed from 9: 45 a.m.
ET until 4: 00 p.m. ET. Data excludes orders for OTCBB securities, options and any security trading in locked or crossed markets. Data may be derived from orders as measured on the first partial fill, exclusive of subsequent partial fills on the same order. Because market centers report execution time in whole seconds, many Ameritrade orders, which are executed in a fraction of a second, are calculated as taking zero seconds. Median is the middle value in a distribution, above and below which lie an equal number of values.
Please note that 'average' transaction time for certain types of orders or securities may vary significantly from the median time. The Ameritrade 5-Second Guarantee offer is limited to market orders to buy or sell at least 100 and up to 1,000 shares of an equity included in the S&P 100 Index and entered via the Ameritrade Web site using 'Auto Routing' 15 minutes after market opening and more than 5 seconds before market close of the regular trading session. See the Ameritrade Web site for complete details - web - S&P 100 is a trademark of McGraw-Hill Companies, Inc. The product is not sponsored, endorsed, sold or promoted by Standard & Poor's, and Standard & Poor's makes no representation regarding the advisability of investing in the product.
Trades executed in multiple market lots on the same trading day are charged a single commission. Trades partially executed over multiple trading days are subject to commission charges for each trading day. Ameritrade and J.D. Power and Associates are separate unaffiliated companies. For J.D. Power and Associates Certified Call Center Programs information, visit web or call 800-274-5372. Ameritrade, Division of Ameritrade, Inc., member NASD / SIPC. Ameritrade and Ameritrade logos are trademarks or registered trademarks of Ameritrade IP Company, Inc. (c) 2005 Ameritrade IP Company, Inc.
All rights reserved. Used with permission.