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Non-Tech : The Island ECN

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To: Jeffrey Citron who wrote ()12/16/1997 3:19:00 AM
From: specsit  Read Replies (1) of 202
 
Explain this....I put a buy in for 1000 shares of XYZQ at the ask. The size was 1000 so I know I was entitled to a full fill.
Datek fills me for 60 shares right away, about 45 seconds later I get another 60 shares, then 4 minutes later I get the remaining 880.
And Datek tells me I'm not entitled to a free trade because the first part of my order was executed within 60 seconds. What kind of horsecrap is that ? They "forget" the full order took over 5 minutes and the ask never changed.
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