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Non-Tech : Waterhouse Securities

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To: margin_man who wrote (192)10/29/1997 11:14:00 PM
From: DRL  Read Replies (1) of 2076
 
I had the same experience. Waterhouse told me that even though the order was indicated cancelled, that it is not guarranteed. He said they will be changing the wording on webbroker to indicate that cancelled orders are really cancelled pending. Also, market orders are executed instantly, and therefore really cannot be cancelled. I traded at 10:22 am and received confirmation at 5:17pm.
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