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Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?

To: gbh who wrote (593)	7/27/1998 12:08:00 AM
From: Darren	Respond to of 7382

How slow could a trade be on MB (or CB)? Do you "ever" get that 1 minute or greater fill that just inexplicable? Datek occasionally gets a slow fill even when a stock isn't moving very fast. Not often, but it happens. Does this ever happen on MB (CB)? To me, slow is more than 3 seconds...it happens in faster stocks or if I'm too slow with the Level II reads...

To: gbh who wrote (593)	7/27/1998 3:14:00 AM
From: Bill Green	Respond to of 7382

Hit an ISLD bid or offer and your fingers still on the mouse button, pretty frightening, can get you in lots of trouble. The fills though are up to you, all the tools are there to get in or out, but the bottom line is if the trade doesn't go through, it's the MM's, or you missed the price, not the broker Just paid up for SI Hope to contribute when possible Good Luck Traders BG

To: gbh who wrote (593)	7/27/1998 9:37:00 PM
From: whuffo	Read Replies (1) \| Respond to of 7382

If there's no match on ISLD or other ECN and if the MM(s) have just filled a SOES order they have 17 seconds to make you hold your breath before they decide if they want to fill you or change the quote. If you are 4th or 5th in the SOES queue then you'll just sit there cursing Datek or MB or Cyber or whoever. Trying Snet won't necessairly help because Snet fills are voluntary. Bottom line is that many times slow fills that are blamed on the broker are just the tough facts of life.