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Non-Tech : JB Oxford, Lombard, Etrade

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To: Satya Podury who wrote (74)11/6/1996 4:51:00 PM
From: Shelley Poerio   of 396
 
Lombard executions.
I wanted to address the delay you experienced in receiving confirmation back on market and limit orders placed. I had our head trader check and your orders had good fills. Due to the fact we upgraded our automated order entry systems, we did find we had one machine that was not getting the execution information back as quickly as it should have. I realize that this is an inconvenience;however, the quality of the executions you received was *not* compromised. Incidentally, orders are sent for execution on a first in /first out basis; we do not have any interest in routing orders any other way.
Please feel free to call me at 800-688-6896 press 3 for tech support. Please email me directly at shelley@lombard.com, if you would like me to have our head trader call you to discuss your trades or accounts.
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