SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : E.Schwab problems
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Labrador who wrote (675)10/26/1999 10:39:00 AM
From: Mark Z   of 1401
 
I do. But one can't close out positions in a Schwab account at another brokerage. And 'boxing' gets to be expensive especially if that firm doesn't have shares in the relevant stock to borrow to establish a short position. Then you have to go to puts and with spreads being what they are on options, its just not worth it.

I've been systematically going to cash in my Schwab accts. Very few positions left. I'm quite reluctant to establish any new ones there until they give some indication that they're willing to invest the resources necessary to resolve the problems they're having. Its not just the crashes of the past week but several other performance issues with the web site that I'm consistently being told are 'being worked on' yet I see no indication that anything is improving. And the attitudes of the web support group seems to be deteriorating.

EDIT: Whoops! This was to Maarten Z not Mark Z. Sorry...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News