Scottrade launches platform for active traders


Scottrade, a leading online brokerage, is proud to introduce ScottradeELITE, an advanced, Windows-based platform for active and experienced traders. ScottradeELITE allows active traders to take control of their accounts and follow market momentum.

ScottradeELITE's easy-to-use customizable screens, integrated tools and personalized support gives traders the control, stability and depth they need to manage their portfolio. While many active trader platforms require a significant initial minimum investment, ScottradeELITE is available at no charge to accounts with a minimum of $25,000. The same low commission schedule that all Scottrade account holders receive is available to ScottradeELITE users: $7 online market orders and $12 for limit orders.

"As the economy waivers, it is even more important for investors to be able to monitor the market. Some investors choose to be aggressive, others follow a buy and hold philosophy," said Scottrade President Rodger Riney. "Whatever the trading style, ScottradeELITE is so flexible that it can fit anyone's needs."

The new trading platform includes advanced charting, integrated trading tools for stocks and options, real-time streaming news, account management tools and research capabilities. Streaming NASDAQ Level II quotes are available within ScottradeELITE for $9.95 a month - a fee that is waived for investors who execute 10 or more trades a month. With ScottradeELITE, users receive the same award-winning customer service that Scottrade's clients have come to expect.

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