SureTrade, the deep-discount on-line trading arm of Quick & Reilly/Fleet Securities Inc. is lowering the rate at which investors can borrow to trade securities.

The so-called margin rate will be lowered today by 0.5 to 2 percentage points below the broker-call rate-the interest rate at which brokers borrow from banks to cover clients' securities positions, currently at 7.25%.

According to a spokesman, the move would make SureTrade's rates the lowest in Internet trading.

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