E.Schwab problems Message Board

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Non-Tech : E.Schwab problems

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To: Labrador who wrote (662)	10/23/1999 11:13:00 AM
From: Mark Z	Read Replies (1) of 1401

I'd encourage everyone who traded on Friday to check closely your account balances. It appears (a) they didn't extend internet discounts for trades placed through brokers and more importantly (b) the account balances are way off; it appears they double and triple entered some of the trades. So if you bought $10000 worth of stock, you may have been charged upwards to $30000. This multiple entry also effects your positions. <edit> Finally got through on the phone. They are (obviously) swamped today; are aware of the problem and claim they will have it resolved by tomorrow.

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