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To: Ryan K who wrote (3413)3/31/1998 6:14:00 AM
From: Gogo@SI  Respond to of 34592
 
I see no contradiction to my input. Once you have posted your input and received confirmation, Datek is really fast.

However, my experience is, that it takes in the average between 45 and 60 seconds to place an order, i.e. enter the order, 1st check by Datek, enter the password, 2nd check and confirmation by Datek. Especially in the opening and closing hours it even takes more than 60 seconds. This was a mojor disadvantage when I tried to follow TMs "Pick of the Day". Don't tell me, it's my internet provider or my line speed, because at the same time I can reach other web locations in 1-5 seconds.

Further, the Forbes article doesn't say anything about priorities, limit orders getting served by MMs.

Gogo