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Non-Tech : DATEK- COME LOSE YOUR MONEY

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To: GR who wrote (9)11/11/1998 7:31:00 AM
From: Raj Ramaswamy  Read Replies (1) of 38
 
GR,

Unfortunately what we pay, is what we get as service....DATEK is flooded at market open with all daytraders wanting to get in...same at the close trying to get out...you should see the action at some of the daytrading booths set up all over the country now...(small companies with tens of people sitting around their PC paying by the hour..!!!)

Their one exceptional feature of updating the balance realtime and making the money available to you immediately for trading is what attracting all the daytraders like bees to a nectar.

They should get more servers..until then, we have to put up with it...(they usually waive the commission even on limit orders, if the order qualifies for buy/sell but was executed inordinately late..

Raj
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