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

To: Tom R. Jones who wrote (7172)3/5/1998 9:37:00 AM
From: Rene Madsen  Read Replies (1) | Respond to of 16892
 
DATEK DOWN AGAIN. SECOND DAY IN A ROW. GRRRRR.



To: Tom R. Jones who wrote (7172)3/5/1998 10:36:00 AM
From: Tai Jin  Respond to of 16892
 
Tom, as far as I know, each trade of up to 5000 shares is $9.99. If you want to buy 10000 shares, you have to enter two 5000 share orders and you'll be charged $9.99 per trade. With E*Trade you are charged $0.01 per share over 5000, but I believe that's only if your order was for 10000 shares - I think if you enter two orders of 5000, you'll just be charged the flat commission for each order.

...tai


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