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

To: jim A who wrote (5800)	11/5/1997 11:39:00 AM
From: James Anderson	Read Replies (1) \| Respond to of 16892

Does anyone know how to get continually updating quotes using internet explorer, I heard of someone doing it, but forgot who. tia James.

To: jim A who wrote (5800)	11/5/1997 11:41:00 AM
From: CHUBfitz	Read Replies (2) \| Respond to of 16892

Can anyone explain this: I have no current positions.....all cash.....not margined.....nada......yet, Datek is allowing me only 15% of my cash as "available cash" in which to trade. Are they trying to confiscate 85% of my cash? It will come as no surprise to most of you that I have been unable to speak to a human being at Datek. So I am appealing to y'all. Thanks..... CHUB

To: jim A who wrote (5800)	11/5/1997 11:49:00 AM
From: Jack Zahran	Respond to of 16892

They claim to do NASDAQ, AMEX, and NYSE, however NASDAQ is what they concentrate on. I understand they route their NYSE orders through another affiliated broker. 9.99 sounds cheap but you don't necessarily get your trade routed the best way, especially when the Island ECN doesn't have liquidity in that particular security. They are also allowed to make money in other ways off of your trade. (They are a business after all). They can give you those low commisions especially due to Islands $1/trade charge to them. I also understand that SNET charges for trades has been reduced to $1.25 till the end of the year.