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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?


To: henry jakala who wrote (12954)8/4/1999 5:57:00 AM
From: trion12  Respond to of 16892
 
Just because Datek has screwed others on fills is not a good reason for me to accept it. . .

There are only 2 reasons for a market order to take 3 minutes to execute; incompetence or thievery. In either case I believe I am owed restitution.

To anyone else who has lost money on slow executions of market orders I urge you not to accept the losses. Only if enough people complain and force restitution will Datek fix this problem. Right now they are getting a free ride on other people's money.

If Datek does not fix this for me I will look at formal complaint mechanisms with the SEC, NASD and any other appropriate bodies. I urge you to do the same if you have been screwed.