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Non-Public Companies : Financials


Firstrade Introduces Distinctive Wire Transfer Fee Rebate

Aug 14, 2008 - 2:36:04 PM

News Source MARKET WIRE

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NEW YORK, NY -- (Marketwire) -- 08/14/08 -- Firstrade Securities Inc., an award-winningtop-ranked online broker, announced a new initiative to provide customerswith an investor-friendly environment. Firstrade will rebate the feecharged by the investor's financial institution when wiring funds into anew or existing Firstrade account.

In today's economy, investors have become increasingly cautious of theirbudgets and personal investments. Wire transfer is one of the safest andfastest methods to transfer cash and allow investors to react quickly andcapitalize in these markets.

"Firstrade not only keeps its commissions low, but we take it a stepfurther to reduce pass-through fees while maintaining a high level ofservices," stated John Liu, President and CEO of Firstrade. "We are veryproud that Firstrade has been able to identify and deliver timely solutionsdesigned to meet the needs of today's savvy investors," added Liu.

The wire rebate is offered to both new and existing Firstrade customers.New accounts that initiate an incoming wire transfer of $5,000 fromfinancial institutions will be qualified for a rebate of up to $25.Existing customers may also qualify for a rebate of up to $25 for eachincoming wire transfer of $15,000 or more.

"We always have our customer's best interest in mind," said Liu. "This hasbeen our mission since Firstrade was established in 1985."

About Firstrade Securities Inc.

Founded in 1985, Firstrade is a pioneer in online trading and leads thebrokerage industry with a combination of low costs and a high level ofcustomer service for the value-driven investment portfolio containingstocks, bonds, mutual funds and options. Firstrade offers stock trades atthe highly competitive rate of $6.95 each and is the only online brokerthat has both Traditional Chinese and Simplified Chinese Language websitesand customer support. For more information on Firstrade and promotionterms, visit www.firstrade.com.

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