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    <title>Reviews by ba1</title>
    <link>http://www.viewpoints.com/aboutme/ba1</link>
    <pubDate>Fri, 27 Mar 2009 15:48:48 GMT</pubDate>
    <description>Reviews by ba1</description>
    <item>
      <title>ba1 says &quot;hidden market making commission&quot; about Bank of America</title>
      <link>http://www.viewpoints.com/Bank-of-America-review-d90a2</link>
      <description>&lt;p&gt;Incredibly bad fills on stock trades at Bank of America Investment Services.&#160; I estimate that my best trades are sandbagged $0.06 to 0.$075 per share, either a missed trade or not the best price for large volumes beyond my order.&#160; &quot;Free trades&quot; ? Mine have cost tens of thousands of dollars in missed trades and thousands in poor fill prices.&#160; I prefer Interactive Brokers and Thinkorswim among the dozen+ brokers that I have tried.&#160; e.g. Two standing GTC orders, IB filled my order for stock&#160;at $0.71 at 933 am&#160;while BoA filled it at $0.77+ between 935 and 948 am.&#160; &lt;/p&gt;&lt;p&gt;&#160;Also the trading hours are inferior, missing early morning and a crucial 4 pm to 410 pm aftermarket&#160;slot. The clunky trade interface&#160;is laborious&#160;and lacks&#160;some *same day* account information like liquidation balance.&#160; Their IRA is a cash only account rather than (limited) margin IRA.&#160;The BAIS IRA&#160;effectively allows only 1 round trip per 3 days+, a very dangerous limitation in markets like now.&#160; &#160;Adios MFs.&lt;/p&gt;... </description>
      <pubDate>Fri, 27 Mar 2009 15:48:48 GMT</pubDate>
      <guid>http://www.viewpoints.com/Bank-of-America-review-d90a2</guid>
      <dc:creator>ba1</dc:creator>
      <rating>1</rating>
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