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

To: jaison who wrote (8447)	5/4/1998 11:06:00 PM
From: gbh	Read Replies (1) \| Respond to of 16892

Schoch, partial fills are common on large shares trades on Datek. They do not offer "All or none". Partial fills at different prices are a little less common but can certainly happen, but obviously only on market orders. If you are selling 1000 shares at market and only 500 are bid at 3 3/16, only 500 can be filled at that price. Bid must tick down to complete the fill. Nothing unusual about this. Were your greater than 1 minute trades market orders? If so, then Datek will simply not charge you the commission on that trade. If they do, call them (contrary to what everyone says here, they do answer the phones). They will generally give you the next trade free, but sometimes you do have to be persistent. Datek is currently alpha testing streaming quotes (not level 2). Its pretty stable now, but on win95/nt, make sure you use IE4.01 or HotJava browsers. If using Netscape, you need to get a non-standard downloaded version (with java 1.1 support). Email them at streamer@datek.com and ask to be an alpha tester. Hope this helps. Gary

To: jaison who wrote (8447)	5/4/1998 11:23:00 PM
From: steve kennedy	Read Replies (1) \| Respond to of 16892

shoch, it sounds like you might have used a market order,the stock was moving and you got some fills on island -- you are generally better off using a loose limit order that gives the stock room to move but won't let you get executed at the top of a run -- you can check to see how long it took to execute on the daily history page and figure out whether you were charged a commission -- if the first trade of a partial lot fill was executed within a minute I think you will get charged a commission no matter how long the balance took to fill. The one minute rule doesn't apply to short sells. They automatically give you the free trade if it qualifies I use ATFI at atfi.com for quotes, very reliable service but you may have to try several ISP to get it working smoothly Steve