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Non-Tech : Datek Brokerage $9.95 a trade
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To: Mad2 who wrote (10537)12/5/1998 12:35:00 PM
From: Jon Tara  Read Replies (1) of 16892
 
You should almost NEVER enter a market order on Datek! You are playing with fire to enter a market order.

It's been my experience that limit orders seem to get quicker execution. It may be that entering a limit order pre-disposes your order to ISLD routing.

If your market order goes SOES on an issue like SHRP, then I can understand the delay. There would be a HUGE queue for all of the market-makers, and they are serviced in strict order and with (intentional) considerable delay.

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