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

To: Esteban who wrote (10439)	11/25/1998 3:33:00 PM
From: peter michaelson	Read Replies (1) \| Respond to of 16892

All: Been busy trading elsewhere - couple of observations. Market orders at Schwab on AMZN are taking 5 to 10 minutes to fill/or confirm - hard to tell which. I'm getting incredible partial market order fills - the remainder fill is executing at a price $2 to $3 different from the first fill. The market moves so fast on AMZN that a 10 minute delay means the price may move $5.00. Datek is not perfect, that's for sure, but it is one hell of a lot better for active trading than the other on-line brokers (I'm familiar with Schwab, Waterhouse, NDB and Bidwell), save the direct order entry, RealTick type of outfits. In a fast moving market, I'm thinking you must be on the phone with your broker or using a direct order entry broker like JPR, MBT, Cyber etc. Want to mention too, I'm not happy with my execution on TTF last week and some other issues, but I have been getting a lot of attention and follow-up phone calls from Datek which I do appreciate.