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A. Packard Trading

Note: The following information has not been updated by the vendor since 01/15/10.

Address:150 S. Wacker Dr. Suite 2350
Chicago, IL 60606
Phone # for sales: 1 800 843 6187
Additional Phone #: 312 277 0105
Fax: 312 277 0150
Website: www.apackardtrading.com
Click link to request additional product information.
E-mail address: apackard@apackardtrading.com

CATEGORY: BROKERAGES

General Information | Account Information | Features | Additional Comments

General Information TOP

Brokerage name: A. Packard Trading
Minimum account size: $2000-$3000
Base commission rates: $10-$11
Brief explanation of margin rates, if applicable: 

We use exchange minimum margins. Low daytrading margins. Call for details. $500 Day Trading margins for many markets using our Zaner Day Trader Platform.
This brokerage has been in business for: 10-15 years
Primary type of broker: Futures
Brief description of services offered: 

Online trading, Full Service, and Discount plans available. Fast fills, multiple trading platforms, Multiple Clearing Firms, trailing stop and OCO order capability for electronic markets, rates start at $1.50 + fees for electronic markets. Full Service rates from $10.00 + fees. We take contingent orders!

Account Information TOP

Types of trading accounts offered: 
  • Full Service
  • On-Line Full Service
  • On-Line Discount Broker
Customers online account information is updated: Up to the minute
Types of trades offerered: 
  • Options
  • Futures
  • Indices
  • Forex
Other trade types: We take trades over Instant Messenger programs!
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.)
  • Trading software- charts & graphs (create trading systems, scan and sort based on technical criteria)
  • Head line news
  • Unique proprietary stories and news coverage
  • Portfolio management
  • 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: 

Apackard Trading is a DBA of The Zaner Group, an Independent Introducing Broker located in Chicago, We clear some of the largest FCM's. Fast, dependable, knowledgeable service. We also have direct access online trading with orders going directly to the floor in most markets. Have your own series 3 broker to help you out whenever you need it, not an order desk.
This broker's service is better than the competition in these areas: 

Customer service: We pride ourselves on our customer service and fast phone pickup. Rates among the lowest for full service or discount without sacrificing service. Lower Intraday Margin Rates than many of our competitors. We take contingent orders most broker will not. Quick order execution with your own broker not a clumsy order desk.
Types of security precautions taken for customers: 

Online platforms have fantastic reliability and security measures. Margin checked before order is executed (takes less than 1/2 a second to do this). Online systems have many encription features and firewalls. Brokers constantly monitor customers positions.
Communications during systems failures has been assured through: 

Redudant communications to exchanges to insure continued connections. Many security safeguards built into online trading systems and account management software. Multiple lines for busy periods, back up desk in Chicago if needed. help desk also available. You can contact us by Yahoo IM or MSN IM during phone outage.
The major plans for upgrading the current level of trading service are as follows: 

Plans to add more brokers. Keep improving on our online trading platforms to make them better and easier to use. Devolope relationships with good commodity trading advisors that will trade your account for you. Offer more system trading possibilities.

General Information | Account Information | Features | Additional Comments

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