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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?


To: John F. Dowd who wrote (2583)3/15/1998 8:03:00 PM
From: LEE SWIFT  Read Replies (1) | Respond to of 13953
 
I think that you are wrong about MARGIN rates at ETRADE.
LAST STATEMENT
ETRADE= 9 1/4
PACIFIC BROKERAGES (DREYFUS)= 7 3/4
DATEK= 7
In addition DATEK has speed of execution and unlimited real time quotes.
Pacific options are 15 compared to ETRADE 30.
I do my stock trading at DATEK and my OPTION trades at PACIFIC.
Last week I had a trade filled at DATEK and an identical trade PLACED AT ETRADE BEFORE DATEK NOT FILLED.
The above is why I have only 15% of my pholio with ETRADE and will move my wife and my IRA accounts away from ETRADE.
Best of luck to you that stay with ETRADE. Sorry to be so negative but facts are facts.

Lee Swift