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I use DLJDirect and tried to trade 3 times today:
First buy order (INTC) was accepted immediately but took 40 minutes to
execute at about 10:20AM EST. Took a 3 point hit on that delay.
Second buy order (GMH) was accepted and executed within 2 minutes at
about 11:45AM
Last buy order (INTC again) was accepted immediately at 3:06PM but it
was never executed! Since it was a day order, I have no idea if it
will be filled or not.
All three orders were market day orders submitted via the internet.
All through the day, the real-time quote server was flakey. I was
never locked out for more than a couple of seconds though.
FWIW: CNBC has been talking about how the discount brokers all had
problems today.
Chip
---David_Radtke@xxxxxxxxxxxxxx wrote:
>
> I couldn't even log into E-trade today between the hours of 6:30am &
> 11:00am PST, and I'm using a T-1 line, which is a very fast network
> connection as opposed to a modem line. By the time I could get
connected,
> the market had advanced so much I wasn't able to take advantage of the
> earlier discounts.
>
> I have had problems like this in the past with E-trade, and was
thinking
> about switching to Datek, or more reliable service. I think my mind
is made
> up. E-Trade SUCKS! By the way, E-trades phone system was just as busy.
>
> How did the other on-line brokers fair today? Did anyone else
experience
> similar problems?
>
> David Radtke
>
>
>
> (Embedded
> image moved metastock-list @ metastock.com
> to file: 10/28/97 11:37 AM
> PIC19160.PCX)
>
>
>
>
> To: metastock-list @ equis.com
> cc: (bcc: David Radtke)
> Subject: Online Stock Orders
>
>
>
>
> Has anyone used Etrade today (Tuesday) to buy/sell stock? I was
curious
> to hear what the leadtime was on getting an order fillled.
> How about other online ordering companies? If Datek only took 1
minute,
> that's pretty damn good. Anyone using someone other than these two?
What
> were your results?
> Later,
> Mike Salvucci
> salvucci@xxxxxxxx
>
>
>
>
>
>
> ATTACHMENT part 2 application/octet-stream name=PIC19160.PCX
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