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Non-Tech : Datek Brokerage $9.95 a trade

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To: Sgt. Stockpile who wrote (11333)3/24/1999 12:53:00 PM
From: Sir Francis Drake   of 16892
 
Sgt.Stockpile. Yes, there are frequent problems with quotes, but like I keep saying - you should ALWAYS have a separate quote feed to check against - no matter who your broker is. You should never rely on only one set of quotes from one source (especially if you are an active trader).

I have LII with a direct order entry broker, and as an example, yesterday toward the end of the day, my LII quotes on MSFT were bad - and Datek's streamer was good (it saved my a**).

So, there will be days when Datek's quotes will be bad, but perhaps there will be days when Schwab's could be bad, and Datek's good.

Always have something to check against.
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