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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (37397)2/22/2000 5:05:00 PM
From: Jdaasoc  Respond to of 93625
 
bp:
to make certain there are adequate funds in your account to cover the trade!

On a sell order??? I doubt it. ML has many of these internal review processes. For example, if you place stock index option for greater than 10 contracts or a equity stock option for more than 100 contracts, the FC can't submit it directly to market he has to call a certain trader to place order. I learn to request multiple smaller orders with FC.
On ML ONLINE, this happens on large orders if they do not make a market in the stock like RMBS.
Someone from ML is going to have to give me a good reason to hold such large orders capriceously. It takes enough time to place one order through internet, I surely don't want to place several smaller orders in a rapidly changing market.

john