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: Jon Tara who wrote (5553)	10/25/1997 2:47:00 PM
From: Vladimir Zelener	Read Replies (1) of 16892

Jon You wrote that Datek does not charge margin interest on the Day trades. Do you know if they charge on the dayly or weekly basis? The reason I ask is I wonder if it make sence on a very big margin position to sell on Friday night and buy back on Monday morning if it beats $20 in transaction fees.

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