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Non-Tech : Fight The Power! -Your Broker Just Screwed U - Now What?
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To: ajunkh who wrote (173)12/23/1998 5:09:00 PM
From: Colin Cody  Read Replies (2) of 323
 
If you can clearly document and prove that you placed a market order at 10:05 and also prove via a time & sales log that there was a liquid market at 10:05 and through 10:26 and finally that your shares printed at 10:26 THEN you might go to arbitration demanding the price available at say 10:07 or 10:10 whatever is "fair"

What's fair depends on how long that broker usually takes to get you an execution. PLUS a little for fast market conditions or lack of liquidity.

Colin
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