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Non-Tech : Datek Brokerage $9.95 a trade
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To: LPasko who wrote (6811)2/14/1998 11:21:00 PM
From: Peter H. Hodge  Read Replies (1) of 16892
 
You are charged margin interest only if you use the margin and hold shares overnight. Trade just your principal and incur no margin interest. Re your second point...how is Datek any different from any other broker. They all charge margin interest (if used) on top of the commission charges.
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