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Non-Tech : DATEK Market Maker
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To: gbh who wrote (7)8/18/1998 3:18:00 PM
From: INFO_DART   of 48
 
Isn't it true that all large brokerages trade their own account? I believe that these guys typically screw their retail clients on trades

First, I'm still learning in this area. However, I am a research methodologist trained in techniques for discovering the truth. That being said here is what I think.
Yes, with some important exceptions. That is one of the reasons we don't trade with them. However, I had thought that Datek was different. In this regard, it appears that they are not.
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