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


To: MStonek who wrote (7326)3/11/1998 9:15:00 AM
From: Mama Bear  Respond to of 16892
 
>>>I got a partial execution for ONE
SHARE. Is this some kind of a joke?

This is wonderful, paying a $ 10 commission on a $ 35 trade!<<<

Has anyone called Datek about this and asked for a rebate on the commission? Is this just a risk of using Datek? I would think they wouldn't make you pay, although I'm not surprised the computer charges you.

Barb



To: MStonek who wrote (7326)3/11/1998 12:29:00 PM
From: David Lawrence  Read Replies (1) | Respond to of 16892
 
I don't trade with Datek. Maybe next time you should place it as an "all or none" order. In any event, I believe they should reverse the trade and commission.



To: MStonek who wrote (7326)3/11/1998 12:51:00 PM
From: Piotr Koziol  Read Replies (2) | Respond to of 16892
 
Always place your orders as GTC (Good 'til cancel).
This way you will not be charged a second commission
when the rest of your order (eventually) fills -
which may happen after several more days...

/Piotr



To: MStonek who wrote (7326)3/11/1998 1:35:00 PM
From: Earl Graham  Read Replies (1) | Respond to of 16892
 
>I placed a limit order to buy 1000 shares of COMS @ 35 1/8. I got a partial execution for ONE SHARE. Is this some kind of a joke?<

If it's a joke, it's a very bad one. Please keep us informed. I would be very annoyed. I don't care if you pleased a good-til-cancelled or not.

Earl
@@
\___/



To: MStonek who wrote (7326)3/12/1998 5:01:00 AM
From: QLtrader  Read Replies (1) | Respond to of 16892
 
Don't know when you executed the order but you can have 1 share fill trades broken. I think the limitation on breaking the trade is probably the same day but I'm not sure what the exact time limit is to do this.