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Non-Tech : Online Broker Down - Sue 'em - EGRP, JBOH, AMTD, SCH, NDB

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To: Mama Bear who wrote (71)2/7/1999 12:13:00 PM
From: Bob Duncan  Read Replies (1) of 253
 
Mama Bear:

I agree that having that option would be nice, I don't think offically Etrade allows you to trade without the funds available however.

My problem was this position was established due to system errors (multiple executations, etc.) and I was never even contacted or given options. The position was simply covered by there margin dept. AT MARKET which means I paid about 1 buck more per share then I should have. (i.e. ten minutes after the Etrade forced but the stock was trading 2.5 points lower.)

Thanks for the info. however.
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