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Non-Tech : Datek Brokerage $9.95 a trade

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To: clark66 who wrote (5673)10/29/1997 8:48:00 AM
From: Raj Ramaswamy  Read Replies (1) of 16892
 
Hi, Me as well. Just left E*Trade for good. That friggin company had lowest service level I have seen so far. Most of the time, their stupid web trading doesn't even respond (even in good times..!) -- connection timed out etc etc.

Datek, I like the way they present the HISTORY, managing the portfolio etc etc. From what I heard, picking explicitly ORDERS5 or 6 or 7, to place the trade defeats the purpose. They have multiple servers each given the name of ORDER5, 6 , 7 etc. And their software using some rules, picks the best 'ORDER' server to execute the order. (ROUTES the trade orders to the one less busy).

Well, I am glad I am on DATEK and dumped that friggin E*TRADE.

Raj
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