REFCO Introduces Online Futures Trading Tool That Costs $4 A Pop

REFCO has introduced what it calls REFCO VelocitEtrader, a programme that allows active traders of online mini stock index products (S&P, Dow and NASDAQ) to trade direct from REFCO's electronic platforms, without broker assistance, for US$4 a roundturn. The firm

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REFCO has introduced what it calls REFCO VelocitEtrader, a programme that allows active traders of online mini stock index products (S&P, Dow and NASDAQ) to trade direct from REFCO’s electronic platforms, without broker assistance, for US$4 a roundturn. The firm describes VelocitEtrader as “the perfect platform for futures traders who execute 50-plus roundturn trades per month.”

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