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: rrufff who wrote (16792)	7/15/2003 11:53:52 PM
From: LTBH	Read Replies (1) of 16892

Ameritrade allows a number of order types for any stock, however I believe they REQUIRE limit orders on pinks (if its an online order). Note this is from memory. They also have AON and various other order qualifiers. Suggest u go to their site and browse around to answer any questions u have. Also pinks can be bought/sold online or with broker at higher cost. In either case its a flat fee for any number of shares. Another interesting quirk is they allow qualified stocks 2.50 and up to be marginable on a sliding scale that allows full margin somewhere in the $8 range. I got tired of waiting for the old Datek accounts to be allowed to purchase Canadian Stocks (which are handled like pinks) so I transfered the IRAs and part of the margin account that I manage to Ameritrade where I have bought/sold Canadians online with only the normal exchange rate and spread issues you can expect with these stocks.

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