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

To: Dave Hanson who wrote (8262)4/29/1998 7:06:00 PM
From: dumbmoney  Read Replies (1) | Respond to of 16892
 
I noticed you've also been a Waterhouse customer, and wondering if you (or others) had any guesses as to why my inside bids have moved the spread at Datek, but never seem to at Waterhouse?

Nasdaq market makers are required (as of last year) to display your inside bids. Which broker you use shouldn't matter.

Note: This does not apply to odd-lot orders.



To: Dave Hanson who wrote (8262)4/30/1998 9:13:00 AM
From: Mama Bear  Read Replies (1) | Respond to of 16892
 
>>>I noticed you've also been a Waterhouse customer, and wondering if you (or others)had any guesses as to why my inside bids have moved the spread at Datek, but never seem to at Waterhouse?<<<

I assume you have level II? Depending on the stock, you'll be represented by NITE, MASH or BTRD if you split the spread with Waterhouse. I've seen my orders represented there enough to know that it happens.

Barb


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