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: henry jakala who wrote (11344)	3/27/1999 1:31:00 PM
From: Michael Abramson	Read Replies (2) of 16892

Henry, here is interesting observation: nasdaqtrader.com it looks like back in February Datek started to scalp against own customers and it's really interesting to compare this with data will be available in few days. In mean time I would be really reluctant to trade stocks on a top of this list. To be complete in this observation I want you to check this: nasdaqtrader.com which shows that not everything lost yet:) and there is still nice niche which called Island:) What you were describing is very dangerous issue called front trading and is using actively by third market MM for NYSE stocks with weak or unpunished yet specialists. Couple months ago I first time encountered it at Datek with NASDAQ issue trying to trade ERICY, was lucky enough to avoid losses. Regards, Michael. PS well..... it looks like long links are not publishing in full for @#$%^&*reason, so for those who is curious enough to read them use: nasdaqtrader.com this one first, change check from issue to Market participant and type "datk" to get first link and "isld" to get second

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