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Non-Tech : Market Makers; What They Do vs What We Want

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To: Doug R who wrote (23)4/19/1997 7:27:00 PM
From: Iceberg   of 207
 
>What do mean by screwing around with your order?

Doug,

I mean just that--> screwing around with my market order. In other words I get screwed. That is, my order is executed at some off-the-wall price (always to my disadvantage) that never shows up on real-time quotes. This has happened to me many times with E*Trade. And I don't know who is the screwer. All I know is I'm the "screw-ee". Whether or not it has anything to do with "market makers", is something I'm trying to understand. Any ideas?

Ice
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