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


To: GR who wrote (7255)3/7/1998 8:58:00 AM
From: Larry Voyles  Respond to of 16892
 
>>In any case i have used full service brokers,and i feel strongly that they screw up big time too!

I'll testify to that. Some brokers hear what they want to hear, especially the ones that don't tape phone calls. At Datek, you USUALLY get exactly what you asked for in terms of execution. Flamers: Note that I did say USUALLY. Using Datek is much better than trying to get your neighborhood broker on the phone trying to catch a quick scalp. I don't use Datek for large trades, but I usually get superior execution when I'm trying to catch pocket change.

If you regularly make large trades (block size or beter) of stocks above $5, you might be better off finding a fee-based trader who will work the trade in your favor. An eigth on a block trade both ways is beer money for a year.



To: GR who wrote (7255)3/7/1998 2:49:00 PM
From: Stanley L Brown  Read Replies (2) | Respond to of 16892
 
GR,

Well I'll be honest I hate ETrade and they are crooks and will steal from you given half a chance, that being said I do have to restate I'm afraid a market order not executing in less than 30 - 45 secs is unacceptable ANY TIME of the day! I have a real time quote machine right next to the internet connected machine and have astounded many a person by showing them my trade going thru almost instantly as I press the send from the internet connection, I have seen Etrade trade all around a limit order but have allways gotten INSTANT execution on any market order! (this is truly the only good thing I can say about them, and that's sad) And I will not accept any less from anyone else, even if they are 10 bucks cheaper per trade.

Happy Trading

Stan



To: GR who wrote (7255)3/9/1998 12:40:00 PM
From: Philip R Berber  Read Replies (2) | Respond to of 16892
 
Dear GR,

I'm not sure where you heard $72, but CyBerBroker charges $19.95 a trade. Unlike many other BDs who refer or sell order flow (your trades), CyBerBroker gives you direct access to the exchanges, giving you (the trader) direct control from the point of order entry to either cancellation of trade or execution.

Hope this clears things up,

PRB
cyber-corp.com



To: GR who wrote (7255)3/11/1998 7:19:00 PM
From: Philip R Berber  Read Replies (2) | Respond to of 16892
 
CyBerBroker charges $19.95 per ticket, not $72 per roundturn
This should help reduce you due diilegence!

PRB
cyber-corp.com