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Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD) -- Ignore unavailable to you. Want to Upgrade?


To: Roland Ott who wrote (238)4/17/1998 2:01:00 PM
From: qcom  Read Replies (1) | Respond to of 1848
 
Trading in Bulletin Board stocks can also be a real problem with AMTD. For one thing, the $8 rule no longer applies because the symbols aren't registered in their online or touchtone systems. Now your up to $18 smackeroos each way since you need to do a broker assisted trade. As if that 's not frustrating enough, you're often on hold for a broker for about 5-10 minutes.

I think it's great that they're busy, but either they should update their automated systems to accommodate BB stocks or hire more help. I opt for the former.

On the other hand, I have been happy with their executions, once they ARE posted.