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Non-Tech : A.B. WATLEY - THE ULTIMATE TRADER!

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To: Brett Verinck who wrote (511)1/23/1999 12:39:00 AM
From: Mark[ox5]  Read Replies (1) of 2045
 
Hi, can someone explain this to me .. I am copying from Brett's post

The extra per-share charge will only apply if you send the trade to our execution desk.
If you choose to send the trade via Island or SelectNet there are no additional charges.


Sorry if it sounds like a idiotic question, but if I am trying to make a trade via AB Watley's system on touchtone, how do I know or how do I specify for it to use Island vs "sending it to the execution desk". Can someone give a layman's answer to this? Trying to learn, as I would like to switch to a more reliable broker, especially during the 9:30 AM to 10 AM crush.

I guess my basic question is what does "sending the trade to the execution desk" mean exactly? This is coming from someone who has traded a lot the past year, but always just put an order in to the brokerage and let them handle the "how".

Thanks in advance for any help,
MArk
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