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Non-Tech : A.B. WATLEY - THE ULTIMATE TRADER! -- Ignore unavailable to you. Want to Upgrade?

To: Brett Verinck who wrote (511)	1/19/1999 4:55:00 PM
From: Chris O'Keefe	Read Replies (1) \| Respond to of 2045

Brett, You write, "The extra per-share charge will only apply if you send the trade to our execution desk." I do not see this information on your web page for fees. I am looking at abwatley.com and for Level 4 service, the column called "Ticket Charge" has those two asterisks (), which decode on the web page as follows: ** For all Listed Orders greater than 2,000 shares add 1 cent per share for the excess to your monthly adjusted ticket charge. For all NASDAQ orders of 10,000 shares or more, add 1 cent per share for the entire order to your monthly adjusted ticket charge. I have a call into Watley as you suggested to clear this up. So far, your statement and the web page statement seem at odds, but it could be that I am so novice to all of this, that it's just my weak knowledge that is to blame. Perhaps it is just common knowledge that the fees would only apply if the desk took my order... Ah well. FWIW, in my example of a $1/share stock I was assuming a fully-listed (i.e., non-BB) stock. Regards, Chris

To: Brett Verinck who wrote (511)	1/19/1999 8:43:00 PM
From: AlienTech	Read Replies (2) \| Respond to of 2045

Hi Brett, Where do I download the new versions of Ultimate Trader from? Seems the ftp connection to abwi has been down.

To: Brett Verinck who wrote (511)	1/23/1999 12:39:00 AM
From: Mark[ox5]	Read Replies (1) \| Respond to of 2045

Hi, can someone explain this to me .. I am copying from Brett's post The extra per-share charge will only apply if you send the trade to our execution desk. If you choose to send the trade via Island or SelectNet there are no additional charges. Sorry if it sounds like a idiotic question, but if I am trying to make a trade via AB Watley's system on touchtone, how do I know or how do I specify for it to use Island vs "sending it to the execution desk". Can someone give a layman's answer to this? Trying to learn, as I would like to switch to a more reliable broker, especially during the 9:30 AM to 10 AM crush. I guess my basic question is what does "sending the trade to the execution desk" mean exactly? This is coming from someone who has traded a lot the past year, but always just put an order in to the brokerage and let them handle the "how". Thanks in advance for any help, MArk