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Non-Tech : Datek Brokerage $9.95 a trade

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To: GT who wrote (10126)11/5/1998 3:13:00 AM
From: Mark Davis  Read Replies (3) of 16892
 
I can't understand all the rancor. Don't you people realize that Datek is doing you all a great favor by letting you play with the big boys on the Street?

This is the same Datek after all that pioneered the 'kill the market makers' approach to trading via their legions of house, SOES banditos. They're clearly on your side, no?

Hey, so your order gets sliced and diced and maybe it's frontrun, maybe not. Can't cancel, well thems the breaks. Trade only cost ya a double sawbuck, so who cares.

Where is the SEC in all this? Probably got their hands full with the BLOCK Trading prosecutions. Datek can wait for another time.

Here's some fun reading for all you pro daytraders out there:

amcity.com
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