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To: Edwin S. Fujinaka who wrote (5096)5/11/2000 1:37:00 PM
From: Edwin S. Fujinaka  Respond to of 6018
 
The $218 buy order that I placed on Tuesday at 11:13 am et for execution either in Tokyo or the US was finally shown as executed today at 9:31 am et at $213.90. At least the market makers didn't have the gall to execute at my $218 limit since the overnight close in Tokyo was at 23,000 yen (or $209.26 US). My execution here in the US was at a 2.2% premium over the close last night in Tokyo. They should have executed overnight in Tokyo (and perhaps they did). Perhaps the 9:31am et posted for the trade was only to record the actual trade that probably took place in Japan. Oh well, live and learn. Schwab is currently indicating $195 by $225.