Great Lakes Trading Company, Inc.

STOCKS & COMMODITIES magazine. The Traders' Magazine

Company Listing

Advanced Search | Products | Companies | Top 10 | Information

Note: The following information has not been updated by the vendor since 02/22/10.

Address:	806 N. Johnson,
	Warsaw, IN 46580
Phone # for sales:	1 800 359 1435
Additional Phone #:	1 574 267 2726
Fax:	1 574 268 0138
Website:	www.gltc.com
Click link to request additional product information.
E-mail address:	pjs@gltc.com

CATEGORY: BROKERAGES

General Information | Account Information | Features | Additional Comments

General Information TOP

Brokerage name: Great Lakes Trading Company, Inc.

Minimum account size: N/A

Base commission rates: Price varies with trading activity

Brief explanation of margin rates, if applicable:

No Minimum account size, exchange minimum margins, call for margins if day trading

This brokerage has been in business for: 25-40 years

Primary type of broker: Futures

Brief description of services offered:

A Futures & Options, Financial & Commodities Consulting and Brokerage Firm. GLTC specializes in total service for the management of risk in business and speculative opportunities, as well as internet order placement, internet account access and managed futures.

Account Information TOP

Types of trading accounts offered:

Full Service
On-Line Full Service
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:

Options
Futures
Cash markets
Indices
Forex

Other trade types: Professionally managed futures accounts by registered CTA's.

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:

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
MATIF-France's Futures & Options Exchange
MEFF-Spain's Futures & Options 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.)
Head line news
Unique proprietary stories and news coverage
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:

Total service and commitment to our clients needs regardless of how they access futures and options markets. Trading rates are negotiable depending on trading activity and how client manages risk

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

Fast response if a trader is having technical difficulties. Years of experience in assisting clients with hedging or price protection through both futures and/ or options available. Assisting clients with their own speculative trading systems and working with them to evaluate their systems and themselves in their trading.

Types of security precautions taken for customers:

Internet order entry is secure. Phone backup. GLTC proprietary order data base to assist clients in keeping track of positions. GLTC brokers see internet orders placed and can move quickly if a trade "looks" out of the ordinary trading pattern of a client to contact the client and verify trade.

Communications during systems failures has been assured through:

Phone communication. GLTC is also backed up by its clearing firm technical computer help desk in Chicago.

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

Consistently moving forwards in levels of internet access and trading technology via GLTC relationship with its clearing company.

General Information | Account Information | Features | Additional Comments

Vendors posting to Traders’ Resource are responsible for their own listing (full disclaimer).

Questions or Comments? Send message to: Survey@Traders.com