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Non-Tech : Fight The Power! -Your Broker Just Screwed U - Now What? -- Ignore unavailable to you. Want to Upgrade?

To: ajunkh who wrote (173)	12/23/1998 8:15:00 AM
From: Patrick	Read Replies (1) \| Respond to of 323

Still better late than never!! You should think about using a broker that offers real-time direct execution from your PC. I use CyBerBroker cyber-brokerage.com and can usually trade (and get confirmed) instantly at the price I see in front of me. At about $20/trade these types of brokers "cost" a little more than an online broker at under $10, but these online brokers never publicize the other costs associated with trades made through them - like the extra cost due to worse price fill - even a 1/16 saving on a 1,000 share order means $62.50 - loss due to execution delay, etc!

To: ajunkh who wrote (173)	12/23/1998 5:09:00 PM
From: Colin Cody	Read Replies (2) \| Respond to of 323

If you can clearly document and prove that you placed a market order at 10:05 and also prove via a time & sales log that there was a liquid market at 10:05 and through 10:26 and finally that your shares printed at 10:26 THEN you might go to arbitration demanding the price available at say 10:07 or 10:10 whatever is "fair" What's fair depends on how long that broker usually takes to get you an execution. PLUS a little for fast market conditions or lack of liquidity. Colin