Datek Brokerage $9.95 a trade Message Board

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Non-Tech : Datek Brokerage $9.95 a trade

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To: Jack Colton who wrote (8808)	6/12/1998 12:01:00 PM
From: WallStBum	Read Replies (1) of 16892

Doesn't E TRADE have a lot of little charges for things like limit orders and stuff. ETrade $14.95 listed (NYSE or AMEX) market orders, $19.95 listed limit orders, nasdaq or bulletin board trades. These fares are good for online or phone trades. $15 broker assist charge if you need one. And for listed orders over 5000 shares add $0.01 per share, so for a listed order over 7000 shares, you're better off doing 2 trades commission-wise. Nasdaq and BB are unlimited and still just $19.95. So, in other words, Datek has them beat hands down. BUT BUT, Datek does not trade BB stocks for better or worse. Also, if you trade options, ETrade is very good with options and has probably the best commission structure available. This E*Trade IPO thing sounds kinda sexy. May have to check this out. dax

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