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Non-Tech : CSFB Direct(DIR)

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To: WalleyB who wrote (374)4/22/2000 2:45:00 PM
From: Tai Jin  Read Replies (1) of 406
 
I also think it cheap of DLJ to charge per share above 1000 or 2000 shares, but I rarely trade more than 1000 anyway. I also have a Datek account, and although they have their problems they are better than Etrade or DLJ for trade executions and commissions.

One thing I have noticed on several limit order trades with DLJ is that I don't get filled until the bid has moved to my limit for sells and the ask has moved to my limit for buys. That is, my orders don't appear to be represented in the market, so I'm always paying the spread. I know this because I'm watching a level II display of the market. In this respect, DLJ appears to be worse than Etrade.

...tai
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