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Stocks, Options, Bonds
U.S. Brokerage, Inc.'s on-line trading
system will accept all LISTED, NASDAQ and OTC equity trades, most
option trades and most listed bond trades. Please note the
circumstances listed below that clients should become familiar with
before placing trades via the internet.
Funds Available
Cash or buying power must be available in your
brokerage account before any purchase or short sale orders will be
accepted by U.S. Brokerage, Inc. Orders that are tendered
to U.S. Brokerage, Inc. without sufficient cash or buying
power are subject to rejection.
Shorting Stock
To facilitate a short sale of an investment
position U.S. Brokerage, Inc. requires the client to call
our office (800-25-STOCK) to obtain short sale authorization BEFORE
THE TRADE IS PLACED. When calling please indicate:
- the name of the security
- the number of shares and
- your account number
Short sale trades placed via the internet without
prior approval are subject to rejection (shares not available to
borrow) or delay in forwarding the trade request to the appropriate
market maker. Clients need adequate buying power and a margin
account for short sale transactions.
Option Trading
Most option trades can be placed via the internet in
client accounts that have been approved for options trading. NAKED
OPTION TRADES will only be accepted via phone trading. Naked option
trades placed via the internet will not be accepted.
Sell and Buy Stop Orders
U.S. Brokerage, Inc. will accept both sell
and buy stop orders for all LISTED stocks. Sell and buy stop orders
for NASDAQ and OTC stocks are subject to market making activities.
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