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Re: Another LeoWeb Story



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Just curious, I'm a newbie trading equities.  Why didn't you tell them to
cancel the order when they called you back the first time?

Kent


-----Original Message-----
From: Phil Lane <logical@xxxxxxxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Friday, September 11, 1998 10:48 AM
Subject: Another LeoWeb Story


>Well, it seemed too good to be true! Yesterday I did quite a few trades,
>each one was filled within 2 or 3 seconds. Great.
>
>Until the moment came when I sold 1 emini (market). The price then was
>about 98750. Didn't see a fill come back, so I called Globex to check on
>it. "Well, we see your order here, but there's no fill. We don't know the
>status. We'll call you back"
>
>Some guy called back about 30 minutes later. He put me on hold for about 10
>minutes, then asked if he could call me back again. I went out for the
>evening, cell phone in hand. *Strangely enough* the return call never
>materialized.
>
>Anyway I came back and there was a fill sitting there, sold at 88100.
>Evidently this market order wasn't filled for about 3 hours!!!
>
>It's Ok, the broker says they'll make an adjustment.
>