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Hi, Alan.
I am not an legal eagle, but I do thing BestDirects can not give you fill
at 40 if market did not trade there at the time of the fill. You should
demand satisfaction, or complain to regulatory bodies. And if it is not a
"simple mistake" then they are not a brokers but a "backed shop". Run, not
walk out of it.
Yours, Alex.
At 12:28 PM 8/17/99 -0700, Alan Courchene wrote:
>Hello to All,
>
>I have been trying out Best Direct for a few weeks
>now.
>
>So Far I am not impressed and would advise all to stay
>way clear of this operation.
>
>So far received the worst fill on a 5 lot I have ever
>received in 5+ years of T-Bond Trading.
>
>Today I placed a limit order to sell to cover my long
>at 1340.00 . The market was trading 1341.00 (better)at
>the time. I received a fill back at 1340.00 even
>though the market never traded @ 1340.00. T&S confirm
>this. BestDirects answer? Tough your filled at 40
>even.
>
>Also The fills are painfully SL....OW.
>The software looks nice at first but is buggy
>and wont update P&L correctly intraday.
>
>Anyone else have any experiences good or bad?
>
>Alan C.
>
>
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