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| Financial
Strength and Reliability |
WallStreet Electronica
Online Trading Inc. is unique financial services
firm, singularly positioned to service the needs of global
investors, independent financial advisors, brokers, banks. Members
of the FINRA (Financial Industry Regulatory Authority Dealers) District 7;
the SIA (Securities Industry Association), SIPC (Securities Investors
Protection Corporation) and registered with the SEC (Securities and
Exchange Commission) as Broker Dealer.
In addition to online trading
(stocks, bonds, mutual funds and options) over the Internet, we
also specialize in supporting individual investors, stock brokers,
investment advisors, money managers, and other financial institutions
who need efficient handling of their transactions with the most
advanced technology that allows them to execute and monitor transactions
for their clients over the Internet. Complementing this activity
we carry out all the compliance functions that assist our customers
in conforming with all FINRA, and SEC regulations.
All positions
and funds in the accounts of our clients are held in custody by
U.S. Clearing a division of Fleet Securities Inc, a FleetBoston
Company. FleetBoston Financial, with more than $200 billion
in assets, is one of the largest financial services firms in the
United States. It is the result of the 1999 merger of the holding
companies for Bank of Boston and Fleet Bank. With 250 international
offices in 24 countries and 26 billion dollars in international
assets, it is the third most extensive U.S. international financial
network and the number ONE U.S. Bank in Brazil and Argentina.
Funds and security positions of our
clients are always in the custody of U.S. Clearing. All deposits
of funds and transfer of positions into the accounts of the clients
of our customers are made directly to U.S. Clearing for the
sub-account of each client. All disbursements of funds or transfer
of positions out of the clients accounts go out only to the person
or entity that has been registered as owner of the account upon
its opening.
The asset management "ALL-IN-ONE..."
accounts offer clients a check book and a Visa Card through
which they can have access to funds in their accounts. We make it
possible for clients to monitor these accounts at any time of the
day or night over the internet by giving them access to our systems
with the use of a User name and Password.
In addition to the $500,000 protection ($100,000 for cash and $400,000
for securities) provided by the Securities Investors Protection
Corporation, U.S. Clearing will provide additional protection
through Travelers Casualty and Surety Company of America for
the total equity in your account.
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| We have dedicated lines directly connected
to UUNET 's T-3 backbone, one of the largest and most reliable Internet
service providers in the nation. For redundancy connections and backups,
we have a mirror site with dedicated lines through another service
provider (PSI) who is on a separate network from UUNET. We have all
our servers in house and maintain backup servers at our second site.
We have a direct connection via a private leased-line with U.S. Clearing
(our clearing firm). This is the connection we use to execute your
trades on the exchanges. We also have "cold" backup servers
and routers ready to be used at anytime in case of system difficulty.
We, at WallStreetE have made
it a priority to have the best and most current systems and technology
implemented at our firm. Access to our site is fast when compared to
the other on-line firms, thus providing you with the most convenient
and economical way to execute your investment strategies.
If you have any questions please
feel free to contact us .
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