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Non-Tech : Web Street Securities (WEBS)
WEBS 19.72+0.2%Dec 3 4:00 PM EST

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To: J.Fox-President,Web Street Sec who wrote (101)11/21/1997 5:51:00 PM
From: Tech Investor  Read Replies (2) of 1339
 
Hello Everyone:
I recently mailed in an application for Web Street,
mainly because I like to have L2, and I usually deal in
1K or more blocks when I'm trading, so I guess I will be
getting FREE trades ;)
However I do have a few questions, since I can't seem to find
the answer on the brochures given to me. I am wondering
if any of you users of web street can help me out :)

1. free commission on MARKETABLE orders, does it mean
all limit, stop, stop/limit, market orders? I am not
sure how to interpret MARKETABLE.

2. have anyone gotten level 2 to work on web street? I
have been hearing that it crashes netscape 3.x.

3. how well is my order represented? does web street
go through a particular MM for orders, or I have the visibility
of the floor like datek? ISLD(datek)is a MM on the
NASDAQ, all my orders through datek gets to be seen by
everyone, something I think is very important. Does
web street do the samething?

4. what is the general consensus after using web street?
how does it rate compared to Datek? I personally really
like datek, (except for the opening 10 and closing 10
minutes).

thanks
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