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


To: Morpher who wrote (14778)6/26/2000 6:43:00 PM
From: RockyBalboa  Respond to of 16892
 
Interesting spin, though.

Till now, profits can't be created through matching orders on isld....now they mention that (small) profits through cutting decimals and 32s may come out which go "to the charity". That means, if I buy (hit an order for MSFT which is entered with 80.01 to 80.03 I pay 80 1/32 (hence 80.03125 - the next available fraction. Previously they calculated down to 64s).

Nothing to wobble about ....



To: Morpher who wrote (14778)7/6/2000 7:05:42 PM
From: Morpher  Read Replies (1) | Respond to of 16892
 
Datek Online Rebates Nearly One Million Dollars in Order Flow Payments (PRNewswire)

biz.yahoo.com