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


To: Morpher who wrote (13052)8/18/1999 6:55:00 PM
From: RockyBalboa  Read Replies (2) | Respond to of 16892
 
No, I don't think so. How many trades would you have to do with E*trade to undercut Datek. Many.... and still limit orders go for $9.95, same as Datek. Market orders for $4.95 is a joke - consider that $1/32 on 200 shares is more than the difference compared to Dateks $10.



To: Morpher who wrote (13052)8/19/1999 12:53:00 PM
From: RockyBalboa  Read Replies (1) | Respond to of 16892
 
ISLD seems to be one of the strengths of the system. Simply check out strong mo stocks like IMAA or recently DELL. For IMAA today, 42% of the turnover occurs at ISLD, and it is dominating the market.

For high-load tasks it appears to be way better than the ancient MM system.