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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Alan Smithee who wrote (23120)3/12/2000 5:43:00 PM
From: Doppler  Respond to of 63513
 
I recently put a limit sell order in online. When the MM wasn't biting on my low ball bid, I cancelled it and reentered with a market order. Right after I reentered it, I got back a confirmation that the first one had gone thru and of course so had the second. I immediately called them and they said they would cancel one of the trades. In the minute between executions the price had moved quite a git, but when they cancelled, instead of voiding the second accidental one, they saved me major dollars and cancelled the first one. They took the hit for nearly 1000 bucks. Jeff