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

To: RockyBalboa who wrote (9577)	8/29/1998 8:17:00 PM
From: Esteban	Read Replies (1) \| Respond to of 16892

This experience of marketable orders hanging in the first 30 minutes puzzles me. I've seen it reported here so often, yet I hardly ever experience it personally. I usually trade NYSE, which may explain my lack of problems. It makes me wonder if it is a Nasdaq problem more than a Datek problem. Have you observed this happening on the same Nasdaq stocks time after time? Or maybe on stocks whose volume is way out of their normal volume range due to a news release or something? Perhaps when Nasdaq is overwhelmed by volume on a particular stock and and orders begin to back up, the MMs are able to push their orders through at the expense of the ECNs like Island. This wouldn't surprise me. Just speculating.