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

To: Sir Francis Drake who wrote (11349)	3/24/1999 8:30:00 PM
From: Esteban	Read Replies (1) \| Respond to of 16892

And great handling of listed stocks! I don't think many realize that most of the limit orders on listed stocks are actually represented on the NYSE. This is unusual for discount brokers, because it is significantly less expensive for the broker to trade on the regional exchanges and offer "as if NYSE" executions. Trading directly on the NYSE has its advantages and disadvantages, but in any case it is notable. Datek has been very accountable for listed trades in my experience. If time and sales shows I was due a fill, they've filled me later, even though the price moved significantly afterward in my favor. (Otherwise I wouldn't be demanding it of course. (:-) Not so on Nasdaq, as we all know. It probably comes down to whether or not Datek will be left holding the loss. The MMs are not going to reimburse Datek when they get caught mishandling orders.