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To: Robert Rose who wrote (90326)1/7/2000 11:08:00 PM
From: Sam Sara  Read Replies (2) | Respond to of 164684
 
Thanks Robert, William, Glenn, and happy for your responses.

There is a good site for OLB reviews that others may be interested in:

sonic.net



To: Robert Rose who wrote (90326)1/7/2000 11:26:00 PM
From: Hobie1Kenobe  Read Replies (1) | Respond to of 164684
 
OT - Schwab - <<Schwab guarantees a 500 share block at market. >>

Rob,
You might want to be careful on the Schwab autoexecution level on some stocks. I had a lengthy conversation with my Platinum rep about how the limit may vary from as few as 100 to as many as 500 shares. They will tell you ahead of time on a specific stock what their autoexecute # of shares is, but if they see you trading at market price multiple times at that number to build a position in a fast market they reserve the right to cut you off. I've been burned by this when I assumed their autoexecute limit was 500 shares and it was really only 100 - HIFN comes to mind. Anyway, it pays to check in advance if possible.
JF3