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Non-Tech : Fight The Power! -Your Broker Just Screwed U - Now What?
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To: Charger who wrote (128)12/21/1998 4:23:00 PM
From: ajunkh  Read Replies (2) of 323
 
FYI, Ameritrade finally got back to me two weeks later and improved my execution price from $50 to $58 7/8 for my market sell of ONSL on November 30th. Sounds to me like an implicit admission that there was something wrong with the execution. I also learned that the order was received by their system at 10:05am, while ONSL was still trading above 90. The market maker, NITE, send back an order execution notice to Ameritrade at 10:26am, fully 21 minutes later. Any opinions as to whether and how I can ask for further investigation into the trade by the infamous NITE?
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