Web Street Securities (WEBS) Message Board

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Non-Tech : Web Street Securities (WEBS)

WEBS 19.68

-2.5%

Dec 2 4:00 PM EST

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To: cboothe who wrote (76)	11/8/1997 12:34:00 PM
From: Esteban	Read Replies (2) of 1339

I had disappointing results trading with Web Street today. I attempted to sell shares of a stock on the bid, but 30 seconds after placing my order, the MM on the bid pulled his bid, leaving me unfilled. There were no trades at that price, and the volume of trading on the stock was not unusual. So either the MM backed away (illegal) or Web Street didn't get my order to him in time. Less than the 10 second executions on most market orders that they advertise. I would hope this would include marketable limit orders. In addition I place several non marketable limit orders throughout the last two days and have received representation only after several minutes elapsed, and in one case never did receive representation, even after cancelling and renetering. On the positive side, the Order Status button worked well today. I got no Web Street sever errors today.

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