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


To: Mama Bear who wrote (8315)5/1/1998 12:24:00 AM
From: dumbmoney  Read Replies (2) | Respond to of 16892
 
Availability of shares to borrow at Datek and the lower (so they say) margin interest rate would induce me to keep those positions there, and I usually use GTC orders to cover those positions, so accessibility wouldn't be an issue.

Except that Datek now rejects limit orders that are more than 5-10% away from the market.