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: gbh who wrote (9230)	7/22/1998 8:09:00 AM
From: DLS	Read Replies (2) of 16892

TWIMC -DATEK miscalculated stock prices yesterday. Their new portfolio screen is very buggy. They claim to be fixing it but I got a margin call because a stock was misquoted as 1 1/2 points off the actual closing price. This was not due to any last minute trades. DATEK acknowledged the error and verified the real closing price. They said they were working on it but I still got a margin call and the amount of the mistake in my portfolio value was significant. This scares the $$HIT out of me. I am interested to know if this happened to anyone else.

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