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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (83093)8/17/2000 11:09:16 PM
From: Exacctnt  Read Replies (1) | Respond to of 132070
 
Tim, I canceled my call option order to sell at a limit price of $25 after I saw the bid go over $25 and my order wasn't executed. Schwab verified the cancellation. I then put in a sell order at market price when the bid price of the option went to $26-27 range. A market order to sell took 29 minutes by Schwab to execute. By then, the price dropped back to 24 1/2.

I placed a call in to Schwab asking how a market order would take 29 minutes to fill. They are looking at the cause of the delay and will call me tomorrow. They said they would make good. I don't know what that will entail. That's why I wanted a listing of trades along with the option's bid and ask for the time period involved.