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Non-Tech : Datek Brokerage $9.95 a trade

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To: Morpher who wrote (10834)4/26/1999 4:37:00 PM
From: Morpher  Read Replies (3) of 16892
 
Online Trades Up 49% in 1st-Qtr, Piper Jaffray Says

bloomberg.com

...
Closely held Datek Online Holdings Corp. the No. 4 online
broker, saw trades rise 49 percent during the quarter.
...

Top 10 Online Brokers in the 1st Qtr
Broker Average Daily Trades Market Share
Charles Schwab 138,250 27.9%
E*Trade 65,800 13.3%
Waterhouse 57,800 11.7%
Datek 50,345 10.1%
Fidelity 49,981 10.1%
Ameritrade 41,252 8.3%
DLJ Direct 19,062 3.8%
Discover 13,838 2.8%
Suretrade 11,000 2.2%
NDB 6,580 1.3%
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