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George M Burke wrote:
>
> I disagree with Eric. If you were doing business with a broker with
> integrity, an exchange with integrity, and they admitted the error, which
> I assume they did, they should match the tape after the stop loss was
> triggered. The problem is, this is a penny arcade and they have
> convinced their customers that the customer is always wrong.
Sure, in a perfect world. But this is reality and integrity only goes
so far unfortunately. It is dollars, not integrity which drives these
firms. If your business is worth it, they will pay, if it isn't , they
won't.
As far as matching the tape. What do you think he "deserves" in a fast
market condition with no upticks? I know what the letter of the rules
say he deserves and it isn't the first tick after the stop is triggered.
So you expect the firm to pay and pay More than they are required to??
Good idea, but not likely.
Eric
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