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dont let them get away with it. get a fill and fight for an adjustment.
About 7 years ago on the merc floor a memo went around that brokers were not
held if prices traded across the pit and they could not get them. I think
you broker is refering to that memo. but you cant trade through an offer or
bid.
-----Original Message-----
From: hans esser <he96@xxxxxxxxxxxxxx>
To: trehberger@xxxxxxxxxx <trehberger@xxxxxxxxxx>; omega-list@xxxxxxxxxx
<omega-list@xxxxxxxxxx>
Date: Friday, September 04, 1998 8:32 AM
Subject: Re: S & P Question
> The real answer is ;
> 1 If 978 prints and you were working 978.10 the broker owes you a fill,
> you can never trade through a bid or offer. Get a new broker.
THIS is NOT true in these days market - WEEKS ago I would have made the
same statement, but many brokers have declared such price limits for NOT
HELD !
(even have heard that from another broker 1 year ago, but told him to get
lost)
rgds hans
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