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Non-Tech : Datek Brokerage $9.95 a trade

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To: LCE321 who wrote (937)1/16/1997 12:33:00 PM
From: D GALL   of 16892
 
Leif Eldevik: I'm not an expert and Datek please correct me if I'm wrong but here is what I think is going on: Datek has another business that has cuple of hundred SOES trader. They do alot of trades each day (well over a hundred per trader). That is why they can cliam that they do over 50% of the trads in NASDAQ. With such a big order flow you get superior execution.
DG
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