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My omega-digest Digest V98 # 204 is truncated. What is bellow is all I
get. Where is the rest of it, and how to get it?
Many thanks
Alex Levitin.
omega-digest-request@xxxxxxxxxx wrote:
>
> Subject:
>
> omega-digest Digest Volume 98 : Issue 204
>
> Today's Topics:
> Throw Those Surgar and OJ Floor Brokers In Jail!
> RE: New York Markets-Comments
> Re: BMI symbols
> SOES firms
> omega-digest Digest V98 #203
> Re: Omega Research Announces Earnings
> Trading on Earnings/News
> Pork Bellies
> Joke
> OL_Fraud
> Re: OL_Fraud
> Re: New York Markets
> clipped!
> RE:OL_Fraud
> Re: clipped!
> Options Programs
> Re: OL_Fraud
> Re : So called_Fraud
> Re: Advice on selecting contract month to trade
> ATI list ?
> Omega Research Customers Be Aware
> Re: Fwd: TSExpress Sample
> Re: Advice on selecting contract month to trade
> Re: Omega Research Customers Be Aware
> Help: 3 prices needed - currency futures
> EOD Option Price Historical data
> Re : So called_Fraud
> Re: Re : So called_Fraud
> Re: Jim Cox and Bullseye
> Re: Help: 3 prices needed - currency futures
> Re: EOD Option Price Historical data
> RE: Jim Cox and Bullseye
> Re: WOW DayTrader Status Report
> Re: Omega Research Customers Be Aware
>
> ------------------------------------------------------------------------
>
> Subject: Throw Those Surgar and OJ Floor Brokers In Jail!
> Date: Mon, 20 Apr 1998 21:43:19 -0700
> From: Brian Massey <bnm03@xxxxxxx>
> To: "'janderson3'" <janderson3.at.CSOMSTUDENT@xxxxxxxxxxxx>,
> "'omega-list@xxxxxxxxxx'" <omega-list@xxxxxxxxxx>
>
> Jay,
>
> I had a similar situation happen to me in the Surgar market a few days ago.
> I placed an order to buy back several contracts of Surgar at the market.
> At the time I placed my order, Surgar was trading at 9.41. My order went
> in 2 seconds later. About 15 minutes later the market traded at the high
> of the day 9.48. Within 3 minutes of placing my order, the market traded
> at a high of 9.44. When I got my fill back about 1/2 hour after placing
> the order, the fill was at, guess where, 9.48. I was livid! I called my
> broker (Alaron) and they said that the rules of the exchange mandate that
> the broker must fill your order within 3 minutes of receiving it. My
> brokerage firm was sympathetic to my plea and after talking to the broker
> on the floor, agreed to cash adjust my account back to 9.44. This was
> still BS in my opinion because it represented 2 ticks away from where I
> should have been filled at 9.42.
>
> But I didn't argue. It sounds to me like the same thing happened to you
> except that your broker and the floor broker are in cahoots. You need to
> demand a time and price review which will show when your order went to the
> floor, was filled and the prices at those times. If the fill is outside
> the highest price within 3 minutes after you placed the order, then you are
> entitled by the laws of the exchange to a better fill. Verify the time and
> price with a real time feed.
>
> Placing market orders in a thin market like OJ can be hazardous to your
> account. I will whenever possible use limit orders in the Surgar (and OJ)
> market from now on. There's too much opportunity in those markets not to
> trade them.
>
> Thanks,
> Brian.
>
> -----Original Message-----
> From: janderson3 [SMTP:janderson3.at.CSOMSTUDENT@xxxxxxxxxxxx]
> Sent: Monday, April 20, 1998 8:46 PM
> To: omega-list@xxxxxxxxxx
> Subject: New York Markets-Comments
>
> Hello all,
>
> This is in response to a thread on this list about a month ago
> regarding the honesty (or lack thereof) of floor brokers and traders
> on the New York exchanges.
>
> Last week, I received a terrible fill in OJ. I was attempting to sell
> 5 JON8 at 98.00 on a stop, but was filled at 96.40. Of course, I
> complained to my broker, who will remain anonymous. The broker was
> sympathetic, but refused my request for credit, and attributed the
> large slippage to the "New York markets." Specifically, the manager
> of the particular firm with which I trade stated that he always
> recommends to customers that they "steer clear of the NY markets, as
> they are full of crooks!" That is quite an endorsement, I must say.
>
> I hope that others will find these comments interesting, especially in
> light of the comments last month on the same subject.
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