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Non-Tech : Web Street Securities (WEBS) -- Ignore unavailable to you. Want to Upgrade?


To: D PARKER who wrote (997)4/27/1999 9:50:00 PM
From: Doug Coughlan  Read Replies (1) | Respond to of 1339
 
Dave, 5,000 shares on a market order seems like it's inviting the market makers to play with you. Was a limit order a reasonable alternative?



To: D PARKER who wrote (997)4/28/1999 2:14:00 PM
From: Rodney Glover  Respond to of 1339
 
E*Trade would give you a fill even worse than that. A market fill in less than an hour is acceptable to E*Trade! Sorry to hear about your screwed up fill. Maybe one day you will have financial recourse. Today you just have to beg them to correct their own mistake! Thanks for the post. I will never use Web Street Securities, statements like yours really scare me. Whatever you do...don't switch to E*Trade.



To: D PARKER who wrote (997)4/30/1999 7:14:00 PM
From: Tech Master  Read Replies (2) | Respond to of 1339
 
Market oders are executed by the MM's not Web Street. Use limit orders to get the price you think is fair.

Lets be fair...go to any online broker thread and you will find more compaints than praise.... happy people have no reason to post.

IMO Web Street does it better than the majority of online firms.



To: D PARKER who wrote (997)5/1/1999 2:56:00 PM
From: Esteban  Read Replies (1) | Respond to of 1339
 
Dave,

Regarding your complaint about a market order not filling promptly at the bid price when you entered the order.

Were 5000 shares available at the market price bid of 6.28175? What was the size of the bid?