Wall Street Access

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Note: The following information has not been updated by the vendor since 12/26/02.

Address:	17 Battery Place, 11th Floor
	New York, NY 10004
Phone # for sales:	1 800 925 5781
Additional Phone #:	212 709 9400
Fax:	212 709 9522
Website:	www.wallstaccess.com
Click link to request additional product information.
E-mail address:	sales@online.wsaccess.com

CATEGORY: BROKERAGES

General Information | Account Information | Features | Additional Comments

General Information TOP

Brokerage name: Wall Street Access

Minimum account size: > $10000

Base commission rates: $16-$20

Brief explanation of margin rates, if applicable:

Based on net balance and Broker call rate.

This brokerage has been in business for: 20-25 years

Primary type of broker: Stocks, Options, Bonds

Brief description of services offered:

Discount brokerage services for the sophisticated individual trader or institution. Wall Street Access is independently owned and operated. Customers can trade online or by telephone.

Account Information TOP

Types of trading accounts offered:

Premium Service
Phone (touch tone) Discount Broker
On-Line Discount Broker

Customers online account information is updated: Up to the minute

Types of trades offerered:

Stocks
Bonds
Mutual Funds
Options
Cash markets
Industry groups
Indices

Other trade types: After Hours Trading (7am-9:30am and 4pm-7:00pm

Types of quotes offered to customers:

Real-Time

Execution methods offered:

Online Broker(trade desk)
Broker

Exchanges covered:

American Stock Exchange (AMEX)
CBOE-Chicago Board Options Exchange
NASDAQ
New York Stock Exchange (NYSE)
OTC
Pacific Exchange
Philadelphia Stock 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
Head line news
Unique proprietary stories and news coverage
Portfolio management
Checking account, debit card, credit card
Allow naked option writing

Ways customers can access their trading account:

Internet
Telephone
Broker

Allow stop, limit, and stop limit orders? Yes

Charge extra for stop, limit, and stop limit orders: No

Offer 24 hour customer support: No

Offer tax planning advice: No

Additional Comments TOP

Special features included in the service are:

Access to complimentary research from: Zacks, Briefing.com, Pershing's daily and weekly commentary, CBS MarketWatch, Stock Screener, real time and filterable option chains, ability to route simple simple option trades to the exchange of customer's choice

This broker's service is better than the competition in these areas:

For option commissions, $1.35 per contract ($19.95 minimum per trade) Execution - We are independently owned and operated and work your trade and fight to get you quality execution. Fast Phone Answer - Even in the busiest of markets. Experienced Brokers - Personally working your orders. Complex option trades online - Spreads and straddles. Our website received 4 stars from Barron's annual 2002 survey.

Types of security precautions taken for customers:

We use password authentication, encrypted communications, and firewall systems.

Communications during systems failures has been assured through:

We maintain redundant, diversely routed dedicated connections to the Internet. We have installed multiple web servers and load sharing equipment to guard against downtime or impairment of a single server. Our internal network is designed so that a failure of any one component can not produce a total outage. We maintain redundant equipment and alternate communication means to our key suppliers. In the event of a problem in accessibility to our web site, we have significant voice communication capacity above our normal operating maximum requirements so we can accept and handle customer orders via toll-free phone numbers.

The major plans for upgrading the current level of trading service are as follows:

We are in the process of adding new online trading features such as: online stop-loss orders for options; online other cancel other orders; Level II; and wireless trading.

General Information | Account Information | Features | Additional Comments

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