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Did anyone experience placing market orders for the E-mini this morning
at around 9:35am? I'm using LFG (FuturesOnline), placed a market
order to buy E-mini, waited for the fill (usually take 10-20 secs),
waited and waited, and 4 minutes later called the order desk and was
told that my order was rejected. The Special Notices box did not indicate
a problem with the system, but LFG is blaming the problem on Globex.
So, to sum up this problem:
1 - lost 4 potential points per contract
2 - Saw a STRONG (the rarely seen Gravestone Doji) reversal bar at 9:45,
which I would have reversed my position to go short. Another lost
potential opportunity, possibly 5-10 points per contract.
3 - LFG is blaming Globex (again!)
4 - I'm not making $$ because of these problems. Just when the market
is giving me GREAT trading signals, this problem occurs.
5 - I'm pissed off as hell and seriously looking for another brokerage
firm that can provide efficient and reliable Order Entry system. I'm
looking for quick fills and low commissions.
-ernest
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