SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Datek Brokerage $9.95 a trade

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Rood who wrote (11490)4/6/1999 10:44:00 AM
From: Sir Francis Drake  Read Replies (2) of 16892
 
Wow, Bill - I just checked my messages, and it shows my order going in at 9:36:38, and "sold" at 9:43:10. Now I'm confused. This jibes exactly with how long it was "cancelling" before showing "sold" - yet, in Daily activity, it shows "sold" at 9:37:02!

How the hell can I trade like this? Either it's showing it took almost 8 minutes to execute - all the time I'm trying to cancel. If it wasn't executing, why didn't it cancel? On Snet, it should take no more than 10 seconds. And if it did execute in some 40 seconds, then why wasn't this reported for 8 minutes, instead of showing "cancelling"? What makes me susupicious is what happened with the price during that time. Oh well.

EDIT: the e-mail from Datek shows:

order entered at: 09:36:38
order processing began at: 09:36:55
order executed at: 09:37:02

I guess that must be correct - I just wish it was reported in a timely manner, instead of showing "cancelling" for 8 minutes. Otherwise, I'm paralyzed for 8 minutes - not acceptable if you are actively trading.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext