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Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD)
AMTD 0.9700.0%11:58 AM EST
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To: put2rich who wrote (262)5/3/1998 1:58:00 AM
From: Gil Gilbertson  Read Replies (1) of 1848
 
You do whatever serves your personal needs, even if it is unjustified
imo.
Ameritrade transferred their confirms to the fastest servers last
week and have solved the confirm problem. I have done 6 market trades since and none took over 3 minutes to confirm . They are
doing additional upgrading today and tomorrow. I believe they have
a great trading format and they are responding to every request I
have made, which have all been responsible and justified comments.
On Thurs. nite I put in two sell at market orders on Jan99 Leaps
against a position I hold long to protect my profit. I placed
two with Etrade also, identical orders. Fri morning they both
confirmed rapidly, but Etrade confirmed at 8.75 while Ameritrade
confirmed at 9.125 . The only reason I can ascertain is that my
order with Ameritrade was stamped earlier than Etrade so the market
maker at Etrade took advantage of the sell orders and downticked. I
really dont call that cheating and I think the use of such language
on these threads makes us all sound like a bunch of novices.
If you really have a time stamped problem, then address it in a
business like manner in writing or at least email. Keep a record of
all ensuing correspondence and submit to the exchange if not satisfied
or just keep transferring your account everytime you have a problem
and contribute nothing to the improvement of online trading.
Good Luck...Gil
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