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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: red_dog who wrote (51070)7/18/1999 2:47:00 PM
From: Mad2  Read Replies (2) | Respond to of 120523
 
Robert,
I got a notification via e-mail from DATEK however it didn't specify when. It will be important for DATEK users to understand the ramifications of enabling their account and how to obtain ISLD quotes, as their normal Quote and Streamer will only post NASDAQ trades. Enabling afterhour trades could transfer unfilled limit orders to ISLD for afterhours execution when pricing is likely to be more volatile. See below from DATEK's site:
Important Things to Consider When Trading After Hours

If you wish to place an order for entry during an after hours trading session, you should take the following steps to quote the market for the stock:
Check the closing price on Nasdaq using either the "Quotes & Trades" page or Streamer on the Datek Online Investment Site.

The Quotes & Trades page will display the closing prices and volume from Nasdaq. This information will not include after hours bids, offers or trades.

Streamer delivers a continuous stream of real-time price and volume data during normal market hours. Streamer will not display after hours prices, but will display the Nasdaq closing price.

Soon you'll be able to view the Island Limit Order Book by choosing "Island Book Viewer" from the Resources pull-down menu. The Island Book Viewer provides a snapshot of the current market for a stock on Island. In addition to the best bid and offer, Island displays the buy orders below the highest bid and sell orders above the lowest offer -giving you a clearer picture of current market conditions.

Check for news on the stock by choosing "News" from the Resources pull-down menu.
These steps will help you compare the action on Island to the Nasdaq close, especially in the context of any news that may have been reported.