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Technology Stocks : E*TRADE IPO ALERT THREAD -- Ignore unavailable to you. Want to Upgrade?


To: Bob Duncan who wrote (14771)12/15/1999 8:36:00 PM
From: Brett Law  Read Replies (1) | Respond to of 15145
 
After hours trading has been very poor from my experience. On many occassions, I would enter my buy / sell inside the current bid / ask. It never shows up in the after hours quote. I have called E*Trade on this several times, they say "let me call the trading desk" and when they come back on the phone, they say "that's funny, I don't know why it isn't showing."

When I finally did get someone on the line that could help me, he said the whole Instinet procedure is manual at E*Trade right now. There isn't a connection from E*Trade to the Instinet servers. Therefore, when we enter an order on E*Trade, a clerk at E*Trade has to go over to an instinet terminal and enter our order. If the clerk never picks up our order, or enters something wrong, it is never posted to Instinet. I am very unhappy with this whole process. I too wish they would go with Island. I may even move some funds over to Datek just so I can trade on the Island system instead of dealing with E*Trade...



To: Bob Duncan who wrote (14771)12/15/1999 8:37:00 PM
From: Mike Delaney  Respond to of 15145
 
e-trash after hours trading is a joke from my experience...



To: Bob Duncan who wrote (14771)12/15/1999 8:45:00 PM
From: jjetstream  Read Replies (1) | Respond to of 15145
 
After trying to execute, long, short, buys, & sells, I would have to say that E*Trades AH's execution, well, is broken....it just does not work....1 time....one f'ing time mind you I was able to add to a positon in after hours trading....don't waste your time.....I'm more confident with the IPO process....and I haven't even received one yet....<ggg>



To: Bob Duncan who wrote (14771)12/15/1999 8:52:00 PM
From: Dave Barrett  Respond to of 15145
 
OT: I tried selling in after hours last week. What a nightmare. I put an order in to sell at 7 7/8 and the stock went to 9+ and still wasn't filled. Luckily I got out the next morning unscathed--no thanks to Etrade or Instinet. As far as I am concerned Instinet is a JOKE. Good Luck All.



To: Bob Duncan who wrote (14771)12/15/1999 8:56:00 PM
From: Jim B  Respond to of 15145
 
i have NEVER been able to get an order to fill using instinet through etrade..

never.. and there aren't any MMs really working it.. instinet tries to match up the orders ... pretty tricky stuff..

jim