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Non-Tech : E*Trade (EGRP) Suggestions (NOT FOR FLAMES!!)
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To: Bikergirl who wrote (83)10/21/1997 3:17:00 AM
From: pcyhuang  Read Replies (1) of 118
 
Etrade's missing a limit order

Hi,

Perhaps I did not express myself clear enough. I didn't mean that
Etrade had missed a stop-loss order. Its system simple would not
accept a good-till-cancelled stop loss order. When I tried to
enter such an order, it was simply rejected by Etrade's system.
But Etrade had missed a couple limit orders of mine. When I first
brought it to Etrade's attention, it promised that it would provide
me with an explanation in 36-48 hours. Can you imagine that?? When
I finnally got a reply, the stock in point had more than doulbed.
So typically, its operating staff just gave some half-baked reasons
for missing the trade. One stupid answer was that the transacted price
involved a selling order and mine was a buying order. But how could
the stock be transacted at a lower price when I had an order for several thousand shares at a higher price??

pcyh
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