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Non-Tech : Datek Brokerage $9.95 a trade

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To: George K. who wrote (12372)6/6/1999 5:47:00 PM
From: George K.  Read Replies (3) of 16892
 
How Could DATEK stop me out?

On Friday June 4 I took a position in Network Solutions NSOL which I bought at 51 1/4. Because it was on margin I set a very conservative stop of 48 1/4. It activated and sold me out at the market in that instant which was 50 3/8. Everywhere I've looked for that day the low was 49 except on the STREAMER where for an instant I just happened to see 48. I thought it was wrong because the math wasn't right as to how much the issue had fallen.

Any thoughts on how this could have happened?

George K.
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