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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: Mark Marcellus who wrote (2756)	8/3/1999 9:23:00 AM
From: lindend	Read Replies (1) \| Respond to of 10293

You really need to follow through to get the attention of the trading desk to get your borrow for all but the most liquid stocks. This is strange. Why would they just sit on an order? And what do you have to say to light a fire under them?

To: Mark Marcellus who wrote (2756)	8/3/1999 10:10:00 AM
From: BDR	Respond to of 10293

<I haven't tried trading using their Web Site, but I expect the experience would be similar.> Can't enter an order to short via the web site either.

To: Mark Marcellus who wrote (2756)	8/3/1999 11:07:00 AM
From: gringodoc	Respond to of 10293

>>I use their proprietary on-line trading software, FOX+, and AFAIK you can't short using it. Even if you could you probably wouldn't want to, IMO, because your order would probably die on the vine. You really need to follow through to get the attention of the trading desk to get your borrow for all but the most liquid stocks. I haven't tried trading using their Web Site, but I expect the experience would be similar.<< I certainly have no problem shorting using FOX plus (however you cannot on the current web site). The future Active Traders web site will allow shorting. I never have to place a phone call. Fido initially tries to use its clients' inventory for shares, otherwise goes elsewhere for the borrow. When in inventory, I have had market fills within 30 seconds of placing the order. If not in inventory, then the order is marked Pending Open and eventually Open/Filled if found or Cancelled if shares not found. Selected IPOs are available for shorting 3 days after IPO date provided shares are in inventory. FIDO allows shorting below 5 bucks, but does not provide a borrow on bulletin board stocks, at least using FOX. Perhaps with a phone call you can, but I do not know. There is an SI thread devoted to FOX plus: exchange2000.com or: beta.siliconinvestor.com