posted
is it legal to use 2 clients? Is it legal to use ameritrades streamer and trade stocks through IB?
please enlighten
thanks
budgie
posted
i guess it would not be allowed, seems like a hassle annyways
[This message has been edited by budgie (edited April 11, 2004).]
timberman
posted
I don't see why it would be. If I remember the disclamer correctly it only said about resale and republishing the info.
budgie
posted
timberman that is all that i could find as well. It just seems like it wouldnt be allowed, but i dont see the rule
timberman
posted
Well what I mean is I don't see a problem with it. You can use any streamer and then trade anywhere you want. There are no laws that I know of prohibiting that. Go for it.
budgie
posted
i am not going to do this, because i am actually going to just go with one broker, but it could be a good idea for some
GREGDOGG
posted
I don't think it's against the rules, lots of people use 2 or more brokers to trade through, It helps you get around being flaged as a daytrader. It could be a big hassle at tax time though.
posted