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

To: Bob Rudd who wrote (11623)	4/13/1999 10:56:00 PM
From: henry jakala	Read Replies (1) \| Respond to of 16892

as far as i understand it your orders on datek never encounter a man in the loop all orders are routed directly to ISLD an exchange or sent off to hit an MM unfortunately it appears that the technical staff managing datek's internal network doesn't feel the need to upgrade their infrastructure to accomodate the inflow of new users better ways to spend the money no doubt - possibly on fat bonuses, fast cars, big houses, wine, women and song while we the users get a kick in the pants it appears that datek's management has no pride in its services and as a consequence you have "silly fast" servers that execute trades poorly who knows - maybe datek's technical staff had the mother of all interactive Doom tournaments scheduled for this week and we get whatever spare bandwidth is available it appears that one of datek's managerial priorities is not to provide timely executions please excuse my venting

To: Bob Rudd who wrote (11623)	4/14/1999 12:05:00 AM
From: Gorak Shep	Read Replies (1) \| Respond to of 16892

electronic direct access trading...evidently you have to go to a broker sponsored trading room to do it. Not so. You can run many of the systems from home connecting via the internet or private networks. unlike online brokers like Daytek (sic) where the order is essentially emailed This is nonsense. None of the major online brokers use anything like an email scheme. Your book is full of it.

To: Bob Rudd who wrote (11623)	4/14/1999 12:06:00 AM
From: Jon Tara	Respond to of 16892

About EDAT. Do you want to do the routing for your trades yourself? Before you answer that, think a bit. Do you know enough to do the routing for your trades yourself? Yes, there are brokers where you can choose between Island, SNET, Instinet, preferencing a specific MM or ECN, etc. etc. etc. Do you think you'd know what to do? When you're in a hurry? If you're a sophisticated trader, these services make sense. Most of us just want somebody to buy/sell the damn shares for us, as fast as possible. Datek used to do that for us.