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

To: dunlurkin who wrote (9218)7/21/1998 11:04:00 PM
From: Investor2  Read Replies (2) | Respond to of 16892
 
To All:

1. Is there any information on when Datek will start offering option trading?

2. Is there any information on when Datek will offer check writing?

Best wishes,

I2



To: dunlurkin who wrote (9218)7/21/1998 11:20:00 PM
From: INFO_DART  Read Replies (2) | Respond to of 16892
 
The volume of trades crossing on ISLD is huge, and refunding commissions on slow trades is just a small part of their cost of doing business.

Thanks for your comment. Just to clarify, you believe that Datek makes no money when on our orders except the $9.95 commission?

How about Island?
How much money do they make on our orders?
This is especially interesting since Datek & Island are owned by the same people.


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