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To: Tunica Albuginea who wrote (12085)4/21/1999 6:34:00 PM
From: ClearSky  Read Replies (1) | Respond to of 41369
 
**OT re: discount brokers**

Galsal & tunica,

Saw your discussion on discount brokers. I love Datek. I have recently gotten free trade because the execution took longer than 60 seconds --and the execution prices were good. A well-funded friend of mine has many large accounts with Merrill, so even with the "special treatment" he is supposed to get, when we place similar trades at the same times--we often do--we usually get amazingly similar executions.

I would highly recommend Datek as another choice, $9.99 trades. The trick is to bookmark their servers so you can get right on.

Good luck--there's nothing worse than a bad broker!

Jeanne



To: Tunica Albuginea who wrote (12085)4/21/1999 9:58:00 PM
From: GalSal  Respond to of 41369
 
What do they charge per trade? Schwab only charges me $20 due to my Arthur Andersen affiliation. That is the only reason I'm there. I do trade with Datek some and use their ticker which works 98%, or more, of the time. An SI friend told me she is with AB Watley and loves them. I have looked at their site and was impressed with what I saw. They charge 19.95 trade and also have Level II. It is free if you made over 50 trades a month, fee if you don't. Difficult decision and research is time consuming. Before I do anything I may go to SourceTrade.com in Dallas to get Level II training so I can decide if Level II would be beneficial.