March 2, 2007, Newsletter Issue #56: Options-specialized brokers

Tip of the Week

Options-specialized brokers have grown in recent years by filling a niche that was long neglected by full-service firms and by many discounters-serving the special needs of options traders. These firms generally employ ROPs to interact with clients and will often handle difficult or complex option orders or transactions that less specialized firms tend to avoid. Although not all options-specialized brokers offer deep commission discounts, most offer very attractive commission rates.

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