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Non-Tech : Web Street Securities (WEBS) -- Ignore unavailable to you. Want to Upgrade?


To: Esteban who wrote (85)11/10/1997 6:15:00 PM
From: Manfred  Read Replies (1) | Respond to of 1339
 
Hi,

I am interested in opening an account with Webstreet Securities. I have read all posts here.

How fast do they execute and confirm?
I now use Interquote for rt quotes. When I subscribe with webstreet, do I really get PC Quote? Can I establish a list of quotes? Do I have to go to the trading pit in order to get quotes or can I use it just the way I use interquote now?

Thanks

Manfred



To: Esteban who wrote (85)11/10/1997 9:24:00 PM
From: Mike  Read Replies (3) | Respond to of 1339
 
Esteban,

I recently sent in my Web Street application and I plan on signing up for the Level II quotes once my account is established. Do you receive Level II quotes from another source?

I am concerned about not recieving representation on my orders, because they are being routed through US Clearing. My current broker uses US Clearing and the reporting of confirmation is horrible. I do often get fills between the spread, but I've entered limit sell orders at the bid which go completely unfilled due to the delay in placing my orders. I've often thought that my order was not properly represented but I have no proof of this.

I'd like to think the problem is with my current broker and not with US Clearing. How often are your NASDAQ orders delayed at WSS? Or, are they delayed at all?

Mike