Has anyone heard anything about Genesis Securities closing or at least eliminating their self-clearing operation?
Quote from gaj:
ok, to clarify; they previously had a short list of about 7000+ stocks. after the change happened, they had the identical short list which penson provides on their other sites.
i'm not sure of the exact wording involved, but their short list used to have many more stocks which the penson-exclusive other sites did not have. now they're identical.
(and i'm looking to open another account at another brokerage which has a more robust short list; i have IB already).