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 Non-Tech : Datek Brokerage $9.95 a trade

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To: Bill Edwards who started this subject1/15/2004 11:54:05 AM
From: Ernie KelleyRead Replies (1) of 16892
 
Slow Execution -- Yesterday I wanted to sell 1000 NT as it was dropping in the morning and after missing it a couple times with limit orders I put in a Market order and started waiting. It finally filled and according to Ameritrade's info it took 1 minute and 10 seconds. On the confirmation under Capacity it was coded "As principal for our own account". They didn't charge me a commission (big deal) but screwed me out of a couple hundred dollars on the trade. I don't trade very often (4-5 a month) but I've had this happen a few times over several years. Anyone else see this selective slow down of orders.
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