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

To: Jon Tara who wrote (9750)	9/22/1998 12:19:00 PM
From: Len	Respond to of 16892

Since Island won't accept any 'all or none' orders from their members, I doubt Datek will give us that benefit, unless Island changes their rules. But, Island is in the process of trying to get SEC approval to be considered an actual exchange. I would think that, if they get such an approval, you might see them start accepting AON orders. At least it's something we can hope for. Len

To: Jon Tara who wrote (9750)	9/22/1998 5:18:00 PM
From: henry jakala	Respond to of 16892

i noticed the same here as well - not particularly active stocks but nevertheless it took datek almost 2 minutes to fill one sell and it was peppered with partials wish datek would explain exactly how partials are handled - it doenst appear that they continue to work an order when it's disrupted by a partial instead the remaining shares from the order incur some lag so the more partials the longer the order takes to fill i recall in one discussion here that partials are sent ot the back of queue and they are re-executed rather than staying at the front of the queue til th eorder is filled anyone here know exactly what datek does and how ?