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Re: Globex Problem (again?)



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My quote feed from S & P comstock was also lagged this morning. Missed a
couple great short opportunities on GE and LU. My broker said it was a
computer problem with NYSE DOT. This doesn't happen very often but is
frustrating when it does.

Ernest Cespedes wrote:
> 
> 
> 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
> 
>