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Strategies & Market Trends : Option Spreads, Credit my Debit -- Ignore unavailable to you. Want to Upgrade?


To: jjs_ynot who wrote (1169)1/14/2000 7:11:00 AM
From: dealmakr   Read Replies (1) | Respond to of 2317
 
Hi dave,

I have had my share of experiences with NAZ stocks at Brown, but am ok with their executions. They use NITE,HRZG and MASH mostly to trade through. Had one of those overnight internut gappers last year and placed a market sell order at 0931 when stock was trading up. Didn't get a print until 0950 with stock down 2 points off the high. I called Boston and talked with one of the head traders and told him the circumstances and he called the MM and got me a 1 1/2 improvement and made them eat the difference after reviewing time and sales. They have always gone to bat for me in any problem trades. Also have recieved many price improvements on limit orders entered which I use 99.9% of the time. I hope they keep all the fluff off their web site as its very fast execution wise. One other thing is that when I have made a mistake in order entry via the website and have put in a sell order instead of a buy for example in the heat of battle, a customer service rep calls me within 2 minutes to confirm the order. This has saved me a lot of dough over the years. Also have an account with Yamner&Co. and am happy with their service as they tend to get better options executions by using a floor broker to work the order, commish is higher, but savings occur on some price improvement. Looks like Greenie is going to keep a hawkish stance on interest rates.

Good Trading

Dave