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


To: Morpher who wrote (10803)1/15/1999 10:58:00 AM
From: henry jakala  Respond to of 16892
 
datek's "silly fast" executions just get "siller faster" as time goes on




To: Morpher who wrote (10803)1/15/1999 1:11:00 PM
From: nick nelson  Read Replies (1) | Respond to of 16892
 
Morpher,

Thanks for the URL.

You know we are dealing with a "loose cannon" when Ed Nicoll,
president of Datek Online Brokerage Services, does NOT even know
what he is charging his customers per trade.

Price hasn't changed in 2 years, but I guess Ed Nicoll just lowered it
to $8.00 per ticket - what'a guy!! <g>

nick



To: Morpher who wrote (10803)1/28/1999 10:41:00 PM
From: Morpher  Read Replies (4) | Respond to of 16892
 
Online Trades Up 34% in in 4th Qtr to 1-in-7 U.S. Trades

bloomberg.com

Company 4th-Qtr Share 3rd-Qtr Share
Schwab 27.4 30.3
Waterhouse 12.4 10.5
E*Trade 11.8 10.8
Datek 10.0 8.4
Fidelity 9.4 9.6
Ameritrade 7.6 7.1
DLJ Direct 3.7 4.5
Quick & Reilly 3.4 3.8
Discover 3.3 3.6
Others 11.0 11.5