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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: LJ who wrote (4801)3/31/1999 10:44:00 AM
From: Bucky Katt  Respond to of 57584
 
I had trouble yesterday too, turns out ADP or something carries 80% of everybodys order traffic, so it was flat out screwed up as their system went down. My screens were showing me doubles on every buy and sell. (if I got them at all)

Tell them you want the trade improved or busted....check that, demand it...Sometimes those 7 dollar trades just suck....



To: LJ who wrote (4801)3/31/1999 10:50:00 AM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
I am not the one to ask on this. But if you placed a market order at 10:30am, I believe that they MMs were obligated to fill your order immediately at the current ask [or thereabouts depending on their honesty]. . .Filling 4 and a half hours later would not be a problem with MMs, but with Suretrade, in my opinion.

I would think that if you have evidence of having placed a market order at 10:30am, you could HOLD Suretrade responsible for getting you a price near that 5 11/16. This is Suretrades PRIMARY function. . .this is what you pay them every day to do. You placed your order in good faith that Suretrade was capable of making the trade and would indeed perform an execution on your behalf at the current market value for the stock, which was 5 11/16.

Stick to your guns, Laurie.

Rande Is

PS> I gladly pay MORE money per trade to know for sure that what I ask for is what I get. . .and if the internet is bogged down, I can pick up the phone and get a broker on the first ring. To me, THAT is what matters when selecting a brokerage.