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: Liam Kingsmill who wrote (10421)	11/25/1998 6:22:00 AM
From: CynicalTruth	Read Replies (1) of 16892

Hi Liam! Sorry to here about your latest trade with Datek. But that is the way it is nowadays. I very rarely place any orders any more because I don't know if they will execute or not and worst... if I can even cancel when needed. They've cost me way to much.... AG uses Brown so he would be a good person to ask about them. I don't recall any negative comments from him. Datek's new mission is to outdo the porn sites on tinsel and glitter. And make the Ginus book of records for the most # of online customers, so I'm currently looking into one of the trading platforms. Higher commissions but when all is said and done cheaper than Datek due to the fact a stock can more a point or two against me before Datek's system will figure out I put an order in. Certainly has changed since from a couple of years ago. But then I'm one of those conspiracy nuts and believe that Datek is somehow making money from all these non-executions. Somebody is taking all my money anyway... and all we are at Datek is a book keeping entry.... it would be super easy for their "silly fast" algorithms to delay a trade that is going against a customer to their advantage. John

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