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Non-Tech : The Island ECN

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To: Dan Duchardt who wrote (56)12/22/1997 6:33:00 PM
From: sailor  Read Replies (1) of 202
 
Dan

When you get your confirm slip from Datek, read the fine print. They "may" have been a principle, or "may" have even been a market maker on the shares you were attempting to trade. It HAS to say so on the slip. Instead of posting here you might want to post on the DATEK thread.

Another factor to consider, when ISLD was working you could "see" your bid. Often times there could be 10's or even 100's of thousand of shares ahead of you to be bought. ISLD does NOT even show the whole picture. The guys who had there bid in first 'should' get served first (not always the case).

Good Trading

Sailor
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