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: Bill Rood who wrote (9158)	7/17/1998 2:51:00 PM
From: gbh	Read Replies (1) of 16892

Bill, with lousy filled trades, does Datek offer any type of compensation to you? I typically get free trades for lousy fills (more than 1 minute) if the price changes. The most I've got was 10. Datek cost me 1/4 point on a 400 share trade. The vast majority of my trades are near instantaneous, 1-10 seconds, with the majority less than 5. But probably once or twice a week I do get the slowwwwww order which takes 3-5 minutes. If the price moves away, I call and get compensated (free trades). They are generally very fair. Most of my orders are market orders, so there can be little to dispute from their end.

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