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Non-Tech : Datek Brokerage $9.95 a trade

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To: dmccoach who wrote (5543)10/22/1997 4:06:00 PM
From: gbh  Read Replies (3) of 16892
 
Datek margin question:
Does Datek charge margin interest if I'm only margined during the day, ie, a daytrade? I just opened an account and would also like to know when my check will show up as a positive balance in my account. They did issue my account number, but I still show zero balance. Does this check have to clear before I can trade? Thanks.
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