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Strategies & Market Trends : From the Trading Desk

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To: TFF who wrote (3940)12/5/1998 12:34:00 PM
From: TFF  Read Replies (1) of 4969
 
Steve: let me re-phrase that question. If a firm is unable to tell the client the status of an order(telling the client that the order may or may not be filled and further trading will be subject to a prior fill). At which point is the firm responsible for losses arising from the inability of the client to react to market conditions? Or are they responsible at all?
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