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Non-Tech : Datek Brokerage $9.95 a trade

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To: Gorak Shep who wrote (6808)2/14/1998 6:09:00 PM
From: Jeff lin  Read Replies (1) of 16892
 
My broker said "Day trading have to use margin account" is the rule from US Clearing. So I guess it is depend on your clearing house. Datek do not have option for cash or margin account. So I have no idea if Datek enforce this rule.
Anybody know??
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