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To: Judy who wrote (15579)	1/4/1998 6:34:00 PM
From: Sonki	Read Replies (1) \| Respond to of 27012

judy, i m in process of closing down my eschawb. as fido does the same for 15.00. also, i get $25/trade with a live broker. judy, i told u re: mitts for your dad, did you lookin to it? try e mail me here, so i can tell u something off line. davefmly@aimnet.com

To: Judy who wrote (15579)	1/4/1998 7:14:00 PM
From: Nancy	Respond to of 27012

Judy, In general, Schwab web trading if entered as market or limit at market, usually is executed in seconds. confirmation might take 20-30 seconds to come back. shares are much quicker than options, because Schwab makes market in 75% of Naz stocks but they dont make market in options. some options like DELL are notoriously slow - DELL option only trades on Philly (or Amex) - one exchange only and specialists are very greedy.

To: Judy who wrote (15579)	1/4/1998 7:43:00 PM
From: bob wallace	Respond to of 27012

Judy, FWIW, I tried Schwab web about one year ago and found that it was virtually unaccessable. I thought I had read similar comments here on SI recently, but Nancy's reply seems to indicate that problem is fixed. I use Discover (Lombard) myself for one reason, they are the only only service that I am aware of that allows stop limit orders on both longs and shorts - ameritrade and others claim to have that ability, but if you look at their order frames they only provide one price (limit or stop) at order entry time. actually I think schwab allows this too, but it was a moot point since I could never get in. execution at Discover is genrally good, though I always use limits unless it is panic time. I have gotten some very good market executions when I have just had to get out, but in general I think they will hit you for an 1/16 to 1/8 on market orders. executable limit orders are pretty quick if there is enough volume. many times have been able to split the bid ask, long, short or cover. the place Discover falls apart is on confirmations. they are variable - some quick some slow, which drives you nuts. so you find ways around it (for example, suppose you have no confirmation on an order - you enter the change order screen - if it gives you an error on a change request, then it has executed - mickey mouse, but functional). also, it takes about 40 seconds to be able to review open orders, executions, account holdings, etc . This is intolerable and a constant gripe of mine. well, that's my 2 cents

To: Judy who wrote (15579)	1/4/1998 8:10:00 PM
From: Paxb2u	Respond to of 27012

Judy, It depends on the broker. In fast running, hi vol days like this past Oct you will probably have problems. I have three on line brokers I use. E-Trade, ACCUTRADE, and Tradewell. I had no problems with Tradewell in Oct. ETrade was too busy to get in, and I could get into ACCUTRADE but I made no trades so I can't speak to the execution with them. Market trades on normal trading days are fairly rapid with all 3. Just information. Have a good year, Peter :o)

To: Judy who wrote (15579)	1/4/1998 8:46:00 PM
From: Ron McKinnon	Read Replies (2) \| Respond to of 27012

Judy, I have used Fido for about 5 years now also have real time streaming quotes on IQ for a market order it usually takes 10-20 seconds for me to see the trade on IQ, after I have hit the order button on Fidelity's software on the slow days of the last two weeks took as short as 6-8 seconds I have tested this a number of times on thinly traded stocks with odd sized orders to ensure what I see is my fill; assume fills may be even faster on high volume stocks (I usually make 5-20 trades a day) no difference between NASDAQ or listed stocks so one must assume that the fill is much faster than that as the trade must go from filling through some number of stops before it hits IQ on my screen it may take anywhere from 20 seconds to two minutes to get the confirmation on Fido's software, a bit less over touch tone I only use their FOX+ software, think that their web site sucks also, still can not use either buy or sell stops on 4 letter stocks they are not the cheapest but fills are excellent (if you are a high volume trader you might get a discount from their least expensive published rate) hope this helps