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Non-Tech : eSchwab

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To: Rick Ryan who wrote (55)11/4/1996 6:52:00 PM
From: Jeff Gibbons   of 76
 
Rick, you mention that they cannot change Rodger's order to 398 shares from 400. I'm curious. Unless he designated all-or-none, why couldn't they do a partial fill? If Schwab could only get 398 at his price and he had plenty of money they could do a partial fill. So why not in his case? What would be illegal about that? I'm not currently buying your argument that it is illegal. Please enlighten me.
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