Datek Brokerage $9.95 a trade Message Board

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Non-Tech : Datek Brokerage $9.95 a trade

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To: Tai Jin who wrote (8670)	6/1/1998 5:35:00 AM
From: Andrew White	Read Replies (1) of 16892

"This was the situation on Friday. I put in a buy of 500 NEOTW at 4 1/2. The bid at the time was higher. Then there was a downtick to 4 1/2 x 4 5/8. I think some trades executed at 4 1/2. Then there was another downtick to 4 3/8 x 4 1/2. I can understand my order not executing because of non-marketability, but I don't understand how the inside bid could have dropped below my bid. After more trades occurred at 4 1/2, there was an uptick to 4 1/2 x 4 5/8. More trades and more upticks, but my order never executed" -- Tai Jin That is totally unacceptable and absolutely in line for an arbitration if DATEK refuses to compensate you for an execution of 5 1/2 with 500 shares. Ask NASDR to send you an arbitrations package. Andy

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