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


To: gbh who wrote (11809)4/29/1999 11:11:00 PM
From: Sir Francis Drake  Read Replies (2) | Respond to of 16892
 
gbh - I think there is a misunderstanding here. I thought anatoli meant Datek ONLY goes through ISLD (it's how I read his post). Of course, you are right, as I said, IF there are no shares on ISLD or ISLD is not at the inside quote, the order is Snet out. I'm still puzzled by the "soes" claim made by Infostream - simple question... even if the stock is soesable, and the right tier size - this seems extremely limiting - you can't soes an ECN, and how the hell does Datek know that the customer won't turn around and trade his stock again within 5 minutes? Seems extremely unlikely to me that Datek uses soes orders.