SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?


To: AHM who wrote (9640)9/8/1998 10:21:00 AM
From: gao seng  Read Replies (2) | Respond to of 16892
 
DIE DATEK DIE DIE DIE DIE DIE DIE you piece of shit DIE DIE DIE DIE



To: AHM who wrote (9640)9/8/1998 12:22:00 PM
From: WhipsawMcGraw  Read Replies (1) | Respond to of 16892
 
Why would anyone be crazy to deal with a firm that sells order flow. My company does it. You probably do not have much experience in the markets but let me explain how it works. A NASDAQ level III machine is for making markets. The system has "ACES" which is the same thing has SOES. ACES is instant, one second execution. Let us say that you are my client and want to sell 1,000 shares of INTC. I put the order into the system and it is executed immediately. It is the same as if I were to be trading on SOES.

So why would you be crazy to deal with a firm that does this? If the company does not make a market in the stock, then I SOES the order for my client. Now we do not get a rebate for that but it takes the same amount of time.

Lastly, god bless other firms for selling order flow. This enables them to pass the savings down to the customer. This is how companies are charging next to nothing for trades.



To: AHM who wrote (9640)9/8/1998 3:53:00 PM
From: INFO_DART  Read Replies (2) | Respond to of 16892
 
AHM, You asked: "Show me any major firm - on-line or otherwise - that doesn't make markets in selected securities." Here is my answer listing many such firms. What is your point?

It would be very useful to know if I'm wrong. Does anyone believe that any of these firms or their affiliated companies, do in fact, make markets or sell order flow. If you or anyone knows please post here or on the Datek Market Maker thread ( Subject 22532 ). Thanks.

1800daytrade.com(Real Tick III)http://www.1800daytrade.com/
A. B. Watley(Real Tick III) abwatley.com
A. B. Watley SI Subject 21350
All-Tech(Real TIck III)http://www.attain.com/
CyberBroker(CyberTrader) cyber-brokerage.com
CyberBroker SI
threadhttps://www.siliconinvestor.com/subject.aspx?subjectid=21469
DirecTrade(Real Tick III)http://www.d-trade.com/
EdgeTrade.com(Tradecast)http://www.edgetrade.com/
Equity Trading(Real Tick III)http://www.equitytrading.com/
*Equity Trading
SI:http://www.exchange2000.com/~wsapi/investor/Subject-22545
Executioner(Real Tick III)http://www.executioner.com/
Executioner SI
thread:http://www.exchange2000.com/~wsapi/investor/Subject-20280
Harbor Securities(Real Tick III) daytrading.net
I Street(Real Tick III)http://www.istreet.net/
Insider Trading( Real Tick III) insider-trading.net
Insight Securities(RT III/CyberTrader)http://www.insightsecurities.com
JPR Capital(Real Tick III)http://www.jprcapital.com/
JPR Capital SI
thread:http://www.exchange2000.com/~wsapi/investor/Subject-22583
LiveTrade(Real Tick III)http://www.livetrade.com/
LiveTrade SI thread:https://www.siliconinvestor.com/subject.aspx?subjectid=20264
Maverick Trading(Real Tick III) mavericktrading.com
MB Trading(Real Tick III) mbtrading.com
MB Trading SI
threadhttps://www.siliconinvestor.com/subject.aspx?subjectid=19037
Polar Trading(Real Tick III)http://www.polartrading.com/index.asp
Polar Trading SI
threadhttp://www.exchange2000.com/~wsapi/investor/Subject-20478
R.M.L. Trading(Real Tick III)http://www.rmltrading.com/
RT Day Trading(Real Tick III) rtdaytrading.com
Remote Trading International(Real tick III)http://www.remotetraders.com/
Remote Int'l SI
thread:http://www.exchange2000.com/~wsapi/investor/Subject-21960
Swift Trade Canada(Real Tick III/Tradecast)http://www.swifttrade.com/
Tiger Investments(Real Tick III) tigerinvestment.com
Trend Trader(Real Tick III) trendtrader.com

AHM, You also said, "Selling order flow is a different issue altogether - and one would have to be crazy to deal with a firm that does this."

Could you elaborate further?