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Non-Tech : Datek Brokerage $9.95 a trade

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To: eric yu who wrote (5605)10/27/1997 7:53:00 PM
From: Douglas Schneider  Read Replies (1) of 16892
 
Hi, Eric--

Early this morning, prior to the market opening, I submitted 8 sell trades through Datek. 4 were Nasdaq, and 4 were NYSE. All 4 Nasdaq trades were finished within 4 seconds of the market opening. 3 of the NY trades were finished within 1 min, 35 seconds of the opening, and the fourth did not go through as the market dropped below my limit offering. I adjusted the price and it then sold within 22 seconds of re-submitting.

My experience with Datek has always been excellent. I have been using them since December last year.

doug
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