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: Philip R Berber who wrote (9485)	8/15/1998 3:38:00 PM
From: Dirk Hente	Read Replies (1) of 16892

Philip, can you be more specific why we can get better fills with CT? The unique feature of Datek is that you have a direct order routing to ISLD, i.e. you are selling through ISLD. I cant see any difference here to CT. The fact that CT offers a more flexible routing is nice but does that really imply better fills? If I read between the lines on other threads I see that a lot of traders are preferencing ISLd to get the fastest executions. So why do I need CT when I get the same with Datek? Its a bit simple to argue 'you get what you pay for'. The fact that commissions of CT are more than twice as high doesnt mean CT is faster, right?. So, give me some hints..why do i get faster fills with CT when i preference ISLD?

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