SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?


To: Cornstock who wrote (4682)2/24/1998 6:06:00 PM
From: Carolyn S.  Read Replies (1) | Respond to of 4701
 
Peg - I've been real happy with Datek for Nasdaq trades.

It's fast and simple. If they have to split an order to fill it, they only charge you one commission. And I can do bull/sell stops on Nasdaq stocks at Datek (but not on NYSE stocks - i.e. the opposite of Fidelity and Lombard). And you seem to get your trading $$$ credited immediately when you sell (Fidelity is 1 day, Lombard is 3 days!)

I find their web site performance to be reliable and generally fast. They did get bogged down some in the October '97 "crash", but they added two more servers the NEXT DAY - very quick response to the problem.

Carolyn S.



To: Cornstock who wrote (4682)2/28/1998 7:44:00 PM
From: Chartgod  Read Replies (1) | Respond to of 4701
 
Peg, I also agree w/Carolyn... I've been w/Datek since last May, and have had only one minor infraction back in September.

It concerned the set-up of wiring money 'out' of my account...but it was taken care of within a week.

The only problem that I have had is my own stupidity, wherein's as Carolyn said...That partials are filled, and only one commission.

My problem still happens while I'm hot-n-heavy pulling the trigger, and often I've "clicked" on cancel an order that has been partially filled either with a sell or buy, therefore 'screwing myself' and having to re-enter the order. {and paying another commish!!} ::))

jim