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Investor Alert

Past Alerts Click Here January 1, 2007


Newedge has completed the transfer of its assets to Newedge USA, LLC.



All aspects of our business will continue as before. You can contact us with any questions at (888) 781-0283 or via email Service@NewedgeGroup.com.

Newedge USA is a U.S. registered broker dealer, futures commission merchant, and member of the New York Stock Exchange, NASD, other regional exchanges, MSRB, NFA, SIPC, selected ECNs, and relevant clearing organizations.

Please note that all payments and checks should now be made to Newedge USA, LLC.

The bank wire instructions remain the same, except for the name change to Newedge USA, LLC.

You can continue to logon to the Account Info Logon screen on the website to get all information about your account, including confirms, statements, 1099's, YTD profit and loss, bank wire instructions, trade history, fund requests, password change and other items. Click the Account Info Logon at www.FimatPreferred.com.

Options Penny Pilot Program to Begin; PreferredTrade v5.2 will not support

Please note that the options exchanges intend to commence a Penny Pilot Program on Friday, January 26, 2007, involving 13 option classes. The following option classes have been selected to participate in the Penny Pilot Program:

IWM Ishares Russell 2000 INTC Intel
QQQQ QQQQ CAT Caterpiller
SMH SemiConductor Holders WFMI Whole Foods
GE General Electric TXN Texas Instruments
AMD Advanced Micro Devices FLEX Flextronics International
MSFT Microsoft SUNW Sun Micro
A Agilent Tech, Inc.


Minimum Increments: The minimum increments for all classes in the Penny Pilot, except for the QQQQs, will be:
  • $0.01 for all option series below $3 (including LEAPS)
  • $0.05 for all option series $3 and above (including LEAPS)
  • For QQQQs, the minimum increment will be $0.01 for all option series.
For all other option classes not participating in the Penny Pilot, the current quoting and trading minimum increments will remain the same.

IMPORTANT: PreferrredTrade version 5.2 Software will not support the Penny Pilot program and option orders for these issues will not be able to be sent in the increments indicated. You must use the current version 6.2 trading software.

If you do not have the version 6.2 software, please click here to download.

Please call customer service at (888) 781-0283 with any questions.


2007 IRA Fee


The 2007 annual account maintenance fee of $30 for all IRA accounts will appear on the January 2007 statement. The Trustee for the retirement accounts is Principal Trust Company, which is among the largest non-deposit trust companies in the country, serving as trustee to more than 250,000 retirement and savings accounts holding in excess of $20 billion in assets. Principal Trust is a trade name of Delaware Charter Guarantee & Trust Company, a member company of The Principal Financial Group® (NYSE: PFG).

Click to open an IRA (www.FimatPreferred.com/content/getstart.aspx)
Or call 888-781-0283.

Identity Verification

Newedge USA may at its discretion conduct a credit check and identity verification on the account holder and each individual listed on the new account application. Information provided may be verified by a third-party provider in accordance with the USA Patriot Act.

Trade Related or Time Sensitive Issues And Complaints

If you have a trade related or time sensitive issue, please immediately contact your broker or a Customer Service Agent at (888) 781-0283. If you still have unresolved issues or a complaint, please contact the Compliance Department at (415) 733-3000 or write the Compliance Department at Newedge USA, LLC, Attn: Compliance Department, 220 Bush Street, Suite 650, San Francisco, CA 94104.

Newedge USA, LLC
Member New York Stock Exchange, NASD, MSRB, NFA, SIPC and other principal exchanges
Headquarters: 220 Bush Street, Suite 650, San Francisco, CA 94104
 Customer Service can be reached at 888-781-0283 or by email at Service@NewedgeGroup.com. Customer Service Fax (415) 520-5633

PreferredTrade is a division of Newedge USA, LLC.

Please note that options are not suitable for all investors and investing in options carries substantial risk. Because of the importance of tax considerations to all options transactions, investors considering options should consult with a tax advisor as to how taxes affect the outcome of contemplated options transactions. Individuals should not enter into options transactions until they have read and understood the risk disclosure document titled "Characteristics and Risks of Standardized Options." To obtain a copy of the Options Disclosure Document contact us at 888-781-0283.

All contents of this "Investor Alert" are for educational purposes only. Graphics are also for illustration purposes only.
Newedge USA, LLC does not offer investment advice.