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Non-Tech : Web Street Securities (WEBS) -- Ignore unavailable to you. Want to Upgrade?

To: J.Fox-President,Web Street Sec who wrote (101)11/21/1997 5:51:00 PM
From: Tech Investor  Read Replies (2) | Respond to of 1339
 
Hello Everyone:
I recently mailed in an application for Web Street,
mainly because I like to have L2, and I usually deal in
1K or more blocks when I'm trading, so I guess I will be
getting FREE trades ;)
However I do have a few questions, since I can't seem to find
the answer on the brochures given to me. I am wondering
if any of you users of web street can help me out :)

1. free commission on MARKETABLE orders, does it mean
all limit, stop, stop/limit, market orders? I am not
sure how to interpret MARKETABLE.

2. have anyone gotten level 2 to work on web street? I
have been hearing that it crashes netscape 3.x.

3. how well is my order represented? does web street
go through a particular MM for orders, or I have the visibility
of the floor like datek? ISLD(datek)is a MM on the
NASDAQ, all my orders through datek gets to be seen by
everyone, something I think is very important. Does
web street do the samething?

4. what is the general consensus after using web street?
how does it rate compared to Datek? I personally really
like datek, (except for the opening 10 and closing 10
minutes).

thanks



To: J.Fox-President,Web Street Sec who wrote (101)11/23/1997 4:47:00 PM
From: Mike  Respond to of 1339
 
Mr. Fox,

I've recently opened a new account at Web Street and transferred my exsisting cash and securities to Web Street. My application was processed quickly. However, my securities have not yet been transferred and my other broker has closed my account.

How soon can I expect to be able to trade at Web Street? Is there anything I can do to expedite the transfer?

Any help you can offer would be greatly appreciated.

Mike


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