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Non-Tech : Waterhouse Securities

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To: Ken who wrote (1883)3/3/2000 3:29:00 PM
From: trendy  Read Replies (1) of 2076
 
I have also seen significant problems in the past two
trading days, and on Thursday, had a trade that was
entered only once, ( but cxl'ed and changed to another
price along the way... ) traded twice, at two different
prices. I've also had trades that appear to be entered
ok and accepted, take FOREVER to trade, altho I'm well
above the ask price. I called a broker today, and he
said that although he can't tell right now, the trades
probably took, but the confirmations are delayed much
more than normal. Ug.

On another related note, he also said that they've
been having trouble with people placing online
trades for OTC-BB stocks, and then finding that
the stocks don't trade the way they expect. Because
of this, they will be instituting a policy of "no
online trades" for many ( if not all ) OTC-BB stocks
in the very near future. Since that is what I trade
most, and really like the ability to trade online,
this leaves me looking for a new broker, "in the
very near future".

T
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