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


To: J_K who wrote (11606)4/13/1999 10:34:00 AM
From: henry jakala  Read Replies (1) | Respond to of 16892
 
datek quotes are hosed - bid, ask, change, volume --- who knows wtf is valid anymore ?

as far as i can tell they're all FUBAR as comapred to my independent quote provider



To: J_K who wrote (11606)4/13/1999 10:55:00 AM
From: Dirk Hente  Read Replies (1) | Respond to of 16892
 
Juergen, I hope you enjoyed the thread...at least for today then.
If I understand you right there is a better alternative to Datek..my be you can enlight us and tell us a bit more about your choice.
I'm monitoring all relevant broker threads here on SI almost every day and I have my doubts that there IS an alternative to DATEK. There are a lot of firms talking about 'quality executions', 'fastest acess', 'SuperXchanges's' and stuff like this. BUT, I can't really see any brokerage (whether automatic or direct order execution) which offers a guaranteed constant fast and reliable order execution. It seems that some sort of 'quality' measurement is necessary in the online brokerage industry ...especially these days where a lot of people are talking about quality (ISO 9000, Capability Maturity Model Level, etc).