You control your account. SpeedTrader will follow your
newsletter or advisors trade recommendations accurately.
You authorize SpeedTrader to follow the newsletter or advisory service
of your choice using the forms provided in your new account
package.
You just need to complete the account
application and auto trading forms and submit them to us.
Once your
account number has been assigned, and funds have been sent
to your account, your Auto Trading service can begin.
Auto trading will continue in your account until your subscription expires unless one or more the
following changes are made in writing:
A change of the dollar amount, or number of shares/contracts
assigned for each trade.
A change of the specific services (by proper name) to
be auto traded.
A change in your auto trading status from active to
inactive, or back to active from inactive.
All programs listed as “sell only,” will be
terminated upon sale of the last position for that
program, unless requested otherwise.
You can combine your own trading with auto trading. You
can use your SpeedTrader account to buy and sell options and
stocks on your own. If you want to sell a position before
your newsletter or advisor does, call 1-800-874-3039 and say: “I want to
sell a position, remove this trade from my Auto Trading.” Written correspondence is not necessary,
but it is helpful if you send us an email as well.. Customers will be held
responsible for duplicate trades, if they have not contacted Speedtrader to turn off the service after manually placing a
trade.
IMPORTANT: If an existing position in your account matches
an auto trade closeout recommendation, SpeedTrader may
close the entire position (including your existing position)
when your newsletter or advisory service recommends doing so. When closing
a position, SpeedTrader may not be able to differentiate between
positions acquired through auto trading and those positions
acquired by the account holder.
Sufficient funds must be available in your account. No
trading will occur, regardless of the instructions from your
newsletter or advisory service, unless there are sufficient funds
available in your account. SpeedTrader will only place an
auto trade in an account having available cash or buying
power to place the recommended auto trade. SpeedTrader will
not place option auto trades that will result in additional
margin debt. If your auto trading program requires or
recommends the use of margin, SpeedTrader requires
pre-authorization.
Download your
advisory service's trading authorization forms.
Copyright 2003, SpeedTrader.com®
All Rights ReservedSpeedTrader
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All
transactions are executed through Stock USA Execution Services Member FINRA PCX, SIPC, & NFA
System response, trade executions and account access may be
affected by market conditions, system performance, quote delays
and other factors. The risk of loss in electronic trading can be
substantial. You should therefore consider whether such trading
is suitable for you in light of your financial
and circumstances. Day trading will generate substantial commissions, even if the per trade cost is low.
Disclaimer of Warranty
DATA AND INFORMATION PROVIDED BY Stock USA Execution Services , INC., OR ANY OF ITS AFFILIATES, THEIR MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, AND CONTRACTORS ("SUSA") IS FOR INFORMATIONAL PURPOSES ONLY, AND IS PROVIDED BY SUSA ON AN "AS IS" BASIS. SUSA EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE AND A WARRANTY FOR NON-INFRINGEMENT, WITH RESPECT TO THE DATA AND INFORMATION. IN NO EVENT SHALL SUSA BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER (INCLUDING, BUT NOT LIMITED TO, LOST PROFITS, TRADING LOSSES AND DAMAGES THAT MAY RESULT FROM THE USE OF THE DATA AND INFORMATION, ANY DELAY OR INTERRUPTION OF SERVICE, OR OMISSIONS OR INACCURACIES IN THE INFORMATION) WITH RESPECT TO THE DATA AND INFORMATION.
Stock USA
Investments is registered in all 50 states and Puerto Rico.
Companies' below
share common ownership with Stock USA Execution Services ;
DirectAccessSoftware, LLC and Swingtrades, LLC.