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Non-Tech : Datek Brokerage $9.95 a trade

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To: Esteban who wrote (10441)11/25/1998 3:59:00 PM
From: Dan Swartzendruber  Read Replies (1) of 16892
 
Well, it's at least $50/month for the Level-II data from NASDAQ, so that's a constant. As far as the rest, the main advantage is being able to direct your trades. The daytrading firms I looked at are not a safety concern, since they don't actually hold your securities - they have a clearing house that does so, and they would pretty much need to be SIPC insured. Dunno anything about Block. I'd be curious if someone else did?
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