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Non-Tech : Ameritrade

AMTD 1.000

+0.5%

Feb 4 3:59 PM EST

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To: Bert Klimer who wrote (125)	4/23/1998 6:10:00 PM
From: Sowbug	Read Replies (1) of 513

AMTD is taking a loss of around 2 dollars per transaction. Has anyone else heard the same? Dunno about that, but here's a trade that cost them quite a bit more. I complained to the thread a few days ago about the abysmal execution of my MARG trade <https://www.siliconinvestor.com/readmsg.aspx?msgid=4147836>. I also complained to Ameritrade. Today they called back. They admit they screwed up the trade and gave me a buy at $18 3/4 (down from $25 3/4) and a sell of $27 (which it turned out had happened anyway). That's an additional $1,300 for me. I would have preferred a quick execution and confirmation in the first place, but Ameritrade should be commended for coming through this time and righting a wrong. Datek with its incredible Island system still will get my day trades, but after this I'll gradually try reacquainting myself with Ameritrade.

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