SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Web Street Securities (WEBS)
WEBS 20.19+0.6%Dec 1 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Fred Puppet who wrote (96)11/24/1997 9:44:00 AM
From: Fred Puppet  Read Replies (3) of 1339
 
[ WebStreet 1, NDB 2 ]


In my trial evaluation of WebStreet, I am duplicating orders placed at NDB, and comparing execution.

Today I wanted to short 6,000 LIPO at 6 3/8, so I split the order evenly between WebStreet and NDB. I placed both orders at 9:25. By 9:31 and a few seconds, both Web pages confirmed a fill. However, the WebStreet "Order Status" window does not show a fill price. The positions window does not yet show the position. I called WebStreet and asked someone how I can use their Web page to find the fill price. The guy admitted that he doesn't use WebStreet software, so he doesn't know how I can check.

Both NDB and WebStreet filled me at 6 17/31, the low for the day so far. Score 1 point each for both brokers. However, NDB charged me $28, and WebStreet charged me $0.

After the fills, I placed orders to cover. I notice that the WebStreet "Order Status" page window shows my order, but does not show the limit price. Are we supposed to keep track of that ourselves?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext