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Release
Date: 7/16/2003 What type of online security (Insurance) does Online Brokerage Services offer?
Account
protection is highly regarded at Online Brokerage Services. As a member of the Securities
Investor Protection Corporation (SIPC), your account is insured up to $500,000
of this $100,000 can be in cash and the remaining $400,000 in marketable securities.
In addition to the SIPC insurance, Online Brokerage Services accounts each carry $10,000,000
in account protection - through our clearing firm.
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| *The
term Direct Access refers to the clients ability to determine which Exchange,
ECN or Market Maker receives their order. The term does not mean to imply that
you can trade without a broker, as any transaction would require a relationship
with a registered Broker-Dealer. Securities offered through Online Brokerage Services
member NASD/SIPC, NFA. The
risk of loss in electronic trading can be substantial, you should therefore consider
whether such trading is suitable for you based on your individual circumstances
and financial resources. Account access, trade execution and system response may
be adversely affected by market conditions, quote delays, system performance and
other factors. Extended hours trading entails several risks including lower liquidity,
higher volatility, wider spreads, changing prices, unlinked markets, news and
announcements. Not all securities, products or services are available in all states
or countries outside the United States and nothing herein should be deemed as
an offer or solicitation of these securities, products and services in any jurisdiction
in which Online Brokerage Services is not properly licensed and registered. *IMPORTANT
INFORMATION ABOUT INVESTMENTS. NOT FDIC-INSURED. NO BANK GUARANTEE. MAY LOSE VALUE.
NOT A DEPOSIT. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY |
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