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: Lloyd Bloom who wrote (775)	4/10/1997 3:34:00 PM
From: Lloyd Bloom	of 16892

Can anyone tell me how the SPY is kept in line with S&P index. Is there some kind of expiration date where the SPY is settled in cash or can you recieve the securities in the basket if you want to unwind an arbitraged position? Lloyd

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