Datek Brokerage $9.95 a trade Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Datek Brokerage $9.95 a trade

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MStonek who wrote (8261)	4/30/1998 9:01:00 AM
From: Mama Bear	Read Replies (1) of 16892

>>The account balance shouldn't be affected by the mark to market. The only thing that can cause the balance to change is activity: trades, interests, dividends, etc. Mark to market will only affect things like buying power, long market value, etc.<<< You're not paying attention to your portfolio page. I took home 500 shares of MARG short. When the market closed the ask was 11 1/4, and Datek had it valued at that price. Total account value was $XX,442.31. When I signed on this morning the ask is 11 5/16, and my account balance is $XX,411.06. There was no activity in the account except for the change in the ask. The difference in the account value is 1/16 x 500. You need to get in touch with how Datek comes up with your bottom line. Barb

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next