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I am interested in hearing from people that have used several
different
brokers for equity trading. Everybody is trying to sell "speed of
execution". Some claim that they don't accept payment for order flow
and therefore don't have to take the time to select how they route
orders. Those guys usually charge an extra $.01/share plus having
slightly higher base fees per order. The net is that an order with
Datek that costs me less than $20 round-trip costs over $80 with them.
Datek's back office looks to be a little sloppy to me which is a
concern. But as far as speed is concerned. How much faster than 5 to
10 seconds for a market order on a listed security can you get? I'm
particularly interested in getting feedback from anyone that has used
Tradeportal.com. Thanks Mark
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