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Non-Tech : CYBERTRADER

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To: William W. Dwyer, Jr. who wrote (524)5/9/1998 5:08:00 PM
From: dpl  Read Replies (1) of 3216
 
> The web-based systems seem to allow a general market sell order, but I have seen
it take up to 20 minutes (or longer) to get confirmation of fills that way. Not good.
And, using those browser-based trading platforms, if you decide to cancel or
change your open order, forget about it, you confuse them, lock the system up, and
might end up getting more shares, shorting unintentionally, creating yourself an even
bigger problem, etc.<

I use Fidelity's Fox software and it usually takes "seconds" for a confirm except at the opening(on a big day) it can take as much as 5 mins.

David
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