E-Trade "Class Action Lawsuit" Message Board

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Non-Tech : E-Trade "Class Action Lawsuit"

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To: Bruce Cullen who wrote (109)	7/3/1997 11:02:00 PM
From: Nasty P	of 128

That's perfectly legal. To prevent this place all-or-none (AON) order meaning they will either execute all contracts or none. I had this situation with them once and insisted that I suffered 'cause they didn't have an AON option. So they credited my account for $29. However, I left ETrade soon after that. My present broker, Regal, always executes the size I put in my order (I trade up to 30 contracts sometimes). The trick is that if you put AON order, the priority will go to non-AON orders (assuming you placed a limit order), so you'll always be behind. It pays to trade with live broker. Especially if commissions are the same as ETrade's. Check out their homepage at regaldiscount.com E*Trade just sucks. The worst and the slowest broker of all.

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