Online Broker Down - Sue 'em - EGRP, JBOH, AMTD, SCH, NDB Message Board

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Non-Tech : Online Broker Down - Sue 'em - EGRP, JBOH, AMTD, SCH, NDB

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To: Yoseph Seyoum who wrote (122)	2/9/1999 8:13:00 PM
From: Kevin Podsiadlik	of 253

If that was the day I'm thinking of, I'm afraid you were victimized by a glitch in the NASDAQ quotes service, which I doubt your broker is liable for. I put in a market short sell order on a stock ostensibly trading at 11 x 11 1/8 and got 10 5/8, where the market "really" was. My broker (AMTD) has a disclaimer on the RTQs so I'm definitely SOL. (Happy ending for me, I got a profit anyway.) The one that eats me was on the day of the Brazillian panic open last month. I requested a cancel of a market sell order a half hour before the open and it got executed anyway. Actually I had two such trades, but AMTD made one right. The other one I had no such luck on.

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