>>>>>Very likely. Waterhouse executions are lightning fast. The problem there is getting them to take the order. Shorts, they have to have a live person approve. After a certain number of trades,longs too. No updates of account balances in real time, etc.<<<<<
Yeah, now I remember..... I have had Waterhouse for years, and love them, for their tools and customer service. Just not for active trading. Keep my conservative, long-term IRA's there still. And all those things you mention make lightning fast executions meaningless in my book. In fact, they add up to sloooooowwwwwww executions what with all the slow page re-draws, etc.
It's funny, after Waterhouse, Datek seemed to be nirvana, but it quickly lost it's luster after the first thousand problems...<g>
Guess there will be plenty of these online travails as the industry matures. Whole lotta learning to be done, as well as the company failures, closedowns, and principals being led away in handcuffs, to be sure. No one specific, mind you (lest the thought police be lurking), but you can bet there will be some of that, too.
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