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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: peter michaelson who wrote (5307)9/22/1998 10:54:00 PM
From: peter michaelson  Read Replies (1) of 12617
 
From Datek's website: datek.com

Order Processing

a graphic up here shows non-marketable orders go to Island only while marketable orders go to Island, MM, or other ECN depending upon where the market is at that time.

Datek Online provides you with a direct connection to the financial markets. Your order is received via the Internet and directed electronically to the floor of the NYSE/AMEX exchanges or to a market maker or to the Island E.C.N. Most marketable orders are executed within ten seconds, and you are sent an e-mail confirmation instantaneously. You will also be mailed a confirmation one business day following the trade.
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