Enron Mail |
?????CAN TRADING IN DECIMALS MAKE A DIFFERENCE?
?????FIND OUT AT DATEK'S FREE 7/12 WEBCAST (7PM ET). ?????REGISTER NOW! Dear Gerald Nemec, We're proud to announce another first from Datek Online: we're the first major online brokerage firm to successfully introduce "penny-wise" trading in decimals. This enhancement is made possible in partnership with The Island ECN. What is decimalized trading and why is it important? First, the what. Most everybody feels that it's easier to work in dollars and cents than it is to do calculations in fractions. "Decimalization" is simply a fancy word for the financial markets' switch from cumbersome fractions to an easy-to-understand decimal system. Now the "Why is it important?" part. Datek Online has led the charge to trading in decimals because we believe that: ?????It is an investment advantage that is long overdue. Datek Online ?????is providing the momentum we believe is needed to speed adoption ?????of this improvement, industry-wide. ?????Trading in decimals allows investors to potentially gain ?????significant priority advantages. ?????Looking ahead, orders made in smaller increments should lead to ?????narrower spreads, more efficient markets and lower trading costs. When could a penny ever get you so much? Visit our Learning Center for more information on trading in decimals. Any Datek Online account you open now will give you the ability to trade in either decimals or fractions. The choice is yours! Click here to complete your application. Sincerely, Datek Online Brokerage Services, LLC Member NASD / SIPC www.datek.com You were emailed because you are a current user of Datek Online's Streamer. If you would like to be removed from our list, please go to: http://datek1.m0.net/m/u/dtk/d.asp?e=Gerald.Nemec%40enron.com High volumes of trading and volatility may result in executions at prices significantly away from the price quoted or displayed at the time of order entry. System response and access times may vary due to market conditions, system performance and other factors. Trading in decimals applies to Nasdaq securities only, which are represented on the Island ECN, an affiliated broker-dealer. #28049
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