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: raymund who wrote (13758)	12/6/1999 1:21:00 PM
From: Robert Rose	Read Replies (2) of 16892

Thanks for your post, raymund. I'd like to clarify it some, if you don't mind. Discover was recommended to me. Do you think that is worth my looking into? <Divide and conquer, so many ecn's and marker makers, over 300. If the market makers were really interested in excellent customer service, the technology is already there. > Who's doing the conquering here? <An ex director of the SEC. was hired by Schwab?> Significance? <The real danger the market makers can pose to you is taking your focus away from your successful investing!> Why? <Have noticed that datek does not offer adjustments without request even after evidence of justification is presented.> A Datek trading supervisor has given me his name and number should I have any more concerns. I appreciate that. <However the positives outweigh the negatives in comparison to others imo> Well, so far I am beginning to think that Schwab may be the best among the 3 online brokerages I use, despite the higher commissions. I'm going to start using it for some higher share trades to see how Schwab executes them. (So far I've used it for my lower share trades to keep the commissions low.) Scwab is a market maker, are they not? While etrade operates like Datek, correct? Tia for your input. Rob

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