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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: CharlieChina who wrote (6309)1/6/2000 4:35:00 PM
From: cloudless  Read Replies (2) | Respond to of 18137
 
I do not believe that many people realize that "You've got Email" is how it actually works ....

Good article... I never realized this is how ETRADE worked. I called ETRADE a couple times and asked how they routed orders and they passed me off several times to different people.

Is there some person(s) actually sitting at a pc terminal with an order entry screen next to it and as soon as he gets my order through email he enters it into an order entry terminal??? They'd have to have a lot of people doing that. I never realized this is how it worked.

Does Datek do the same thing or are they direct access?
Cloudless



To: CharlieChina who wrote (6309)1/11/2000 7:16:00 PM
From: Teresa Lo  Read Replies (1) | Respond to of 18137
 
Well, true electronic trading for fast execution purposes seems OK. I have been trying a firm called Interactive Brokers and things are going well. For the majority, my personal opinion is that they shouldn't even be trading at all, let alone try electronic trading.