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Non-Tech : Datek Brokerage $9.95 a trade

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To: bogumil who wrote (3370)6/20/1997 10:27:00 PM
From: Dan Celestino   of 16892
 
Hello, I am wondering if there would be any advantage using Datek vs Etrade on "at the Market" orders. If I read correctly Datek checks the island first to fill the order, Is it likely that the order can be filled at a better price ? From my own experience using Etrade at the market order almost always executed at the ask and the only time it seemed I was getting a better price was because the ask dropped between the time a finished placing the order, also when shorting stocks can Datek find the shares to short as easily as Etrade, My friend who uses Waterhouse could not short a certain stock because he was told they couldn't find any, My trade with Etrade was instantaneous, Any info appreciated, The 9.99 vs 19.99 looks good
Dan
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