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Non-Tech : Waterhouse Securities -- Ignore unavailable to you. Want to Upgrade?


To: Winston Kim who wrote (416)3/26/1998 3:01:00 PM
From: James F. Hopkins  Respond to of 2076
 
It's aggravating at times..and gets me saying all kinds expletives
but from what I can tell it's as good or better than most of
the rest of low cost e-trading , I'f I lived in Houston I'd likely
rent time at a SOES bandit house.
You do need to be careful on some trades..and you can fall back to
the touch tone trade direct, ( cost more )..but if your in a hurry
it'l work..other option is to get a broker ( takes more time )
but they will give you the discount if the web is down.
Some options don't trade worth a flip on web broker, and you don't
get a big discount on them any way.( only 10% off the regular )
Jim



To: Winston Kim who wrote (416)3/26/1998 5:35:00 PM
From: Carlson  Read Replies (1) | Respond to of 2076
 
Winston,
I have found the Webbroker as well as Waterhouse local branch office to be unacceptable recently. Today on three occasions I could not access Webbroker. I have found their local branch office to be very unresponsive. I cancelled an order and replaced it with a higher price recently. The Webbroker confirmed this. However when I got my trade report it was at the lower price. Waterhouse will not give me a credit for the difference. Let this be a lesson to all. It is a good idea to keep a log of all your trades and immediately record the confirmation number as well as date and time. On three recent occasions the Waterhouse representative took over 3 days to get back to me on issues regarding my account even though he said he would call me back today. What really irrated me was the attitude shown by the branch manager- he defended the employee in spite of his poor work ethic. I have recently opened an account at Brown and can say nothing but good things. As an experiment last week I place two orders at the same time at both Waterhouse and Brown. Brown got me
better prices on both trades and also charges lower commissions.