JB Oxford, Lombard, Etrade Message Board

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Non-Tech : JB Oxford, Lombard, Etrade

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To: Shelley Poerio who wrote (80)	11/8/1996 4:46:00 PM
From: Satya Podury	of 396

Well, I hope my trades are taking place as quick as possible. However, it definitely is very slow. I talked to your trade representatives on the 1-800#, and they acknowledged that web trades are slower than placing direct orders. I have noted that my orders take the following route: -pending state - it stays here for a very long time, sometimes in minutes -accepted state- stays here for even more long time -finally filled state, after a while. Why is my order pending for so long? What is happening with my order in the pending state? I placed some trades even today, and have found a similar experience. I am sure, as you have said, all orders are being routed first in/first out basis, but the delay is definitely unnerving if you have a market order in. I am going to stick with Lombard for now since I definitely save a lot on the low commissions. However, if I get tired of long delays, I will reconsider. -satya

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