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Byrne Investment Services, Inc.

Note: The following information has not been updated by the vendor since 01/26/11.

Address:4526 West 210 Street
Fairview Park, OH 44126
Phone # for sales: 800 250 3450
Additional Phone #: 440 356 7080
Fax: 440 331 4932
Website: www.byrneinvest.com
Click link to request additional product information.
E-mail address: jim@byrneinvest.com

CATEGORY: BROKERAGES

General Information | Account Information | Features | Additional Comments

General Information TOP

Brokerage name: Byrne Investment Services, Inc.
Minimum account size: < $1000
Base commission rates: $11-$14
Brief explanation of margin rates, if applicable: 

Minimum exchange margin rates apply. Daytraders are only required to have 1/2 minimum exchange marrgin rates.
This brokerage has been in business for: 5-10 years
Primary type of broker: Futures
Brief description of services offered: 

Certified Series 3 brokers with prior CBOT floor experience. We specialize in scale trading, grain trading, and technical trend following systems.

Account Information TOP

Types of trading accounts offered: 
  • Full Service
  • On-Line Full Service
  • Premium Service
  • On-Line Discount Broker
Customers online account information is updated: Up to the minute
Types of trades offerered: 
  • Options
  • Futures
  • Indices
  • Forex
Other trade types: Single Stock Futures
Types of quotes offered to customers: 
  • Delayed Data
  • Real-Time
Execution methods offered: 
  • Electronic direct access trading(SOES, SNET and the ISLD ECN)
  • Online Broker(trade desk)
  • Broker
Exchanges covered: 
  • CBOE-Chicago Board Options Exchange
  • CBOT-Chicago Board of Trade
  • CME-Chicago Mercantile Exchange
  • CSCE-Coffee Sugar & Cocoa Exchange, Inc.
  • KCBT-Kansas City Board of Trade
  • LIFFE-London International Financial Futures Exchange
  • MidAm-Mid-America Commodity Exchange
  • Minneapolis Grain Exchange
  • NYCE-New York Cotton Exchange
  • NYMEX & COMEX-New York Mercantile Exchange
Setup or initial costs to set up an account: 0

Features TOP

Types of services offered to customers: 
  • Technical Analysis
  • Fundamental Analysis
  • Basic -charts & graphs
  • Advanced- charts & graphs (technical indicators, ability to change parameters, etc.)
  • Trading software- charts & graphs (create trading systems, scan and sort based on technical criteria)
  • Head line news
  • Unique proprietary stories and news coverage
  • Portfolio management
  • Wireless (quotes, alerts, execution, etc.)
  • Allow naked option writing
Ways customers can access their trading account: 
  • Internet
  • Telephone
  • Broker
  • Mail
Allow stop, limit, and stop limit orders? Yes
Charge extra for stop, limit, and stop limit orders: No
Offer 24 hour customer support: Yes
Offer tax planning advice: No

Additional Comments TOP

Special features included in the service are: 

Ten years of personal futures and commodity trading along with CBOT floor experience. Flash fills. Interest earned on any account over $10,000. IRA accounts. Single Stock Futures. Ken Roberts margin accounts. Option writing expertise.
This broker's service is better than the competition in these areas: 

Scale Trading with strong analysis on which markets are suitable for investment. Grain trading and grain hedging due to our years of research and CBOT experience.
Types of security precautions taken for customers: 

All online orders have a duplicate copy held at our brokerage just in case the client cannot reach the computer and would like to still execute a trade via phone without additional charge. Also all accounts are protected by a security password and firewall.
Communications during systems failures has been assured through: 

Internet, email, toll free phone, direct phone, cell phone, and Clearinghouse support desk.
The major plans for upgrading the current level of trading service are as follows: 

Free real-time quotes and the ability to view the bid/ask spread waterfall with volume are now implemented and running on the OAK Level II trading platform.

General Information | Account Information | Features | Additional Comments

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