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swcom, You obviously have a lot to learn about the markets before you go around bashing discount brokers. Read up on each individual option exchange rules or the NASD for that matter. It has nothing to do with your broker/dealer by the way....full-service, discount, or direct-access. But I...

Using All or None will keep from getting 2 partial executions over 2 days.

Is there a way to call in to a broker and route to an exchange directly?

Dated??? Here's a recent disclosure from a broker/dealer 3 months ago: In November 2000, the Securities and Exchange Commission adopted Exchange Act Rule 11Ac1-6 (“Rule”), which became effective on July 2, 2001. The Rule requires all broker-dealers that route orders in equity and option...

I was told by one of their reps on the phone that they did when I asked about a customer's execution of a stock while it was halted. They said they filled the customer's order off of their own books. After doing more research though I don't believe the rep knew what he was talking about and...

Like it makes a difference if it's options??

However, IB charges for cancellations from what I hear. What kind of crap is that? There's a commission you can't even compare with other brokers.

Yes, I've looked around and those are good rates. I'm actually surprised you get paid interest on your credit balance since you only have to put up 50% of the trade. The brokerage firm has to put up 100% of the short sale to the lender.

WTF? Are you saying I would get charged a commission when an order is cancelled? Are you fucking kidding me? What kind of crap is that IBSoft? You never bothered to mention that when you said I would be happier with IB. http://www.elitetrader.com/vb/showthread.php?s=&postid=803161#post803161

Are you saying you're getting charged interest for shorting stock? When you have a credit balance?

sKaLpZ....dude! I was actually listening to a lot of the advice you were giving to traders on psychology, etc.... But this is asinine!! No one can tell you to never sell a stock when you buy it in the secondary market. Are you kidding me?? I have bought plenty of shares of BRK A and BRK B for...

I'd suggest using a firm that does not have any proprietary trading if you have the same conspiracy theory as some of the posters in this thread. (Ameritrade does). A firm that strictly passes on our order to a market center cannot be accused of ever trading your order for their own account...

Thanks for the info qazmax. I also got another definition today that said it was with or without a print. I'm guessing that's for block trades that don't care if their trade is printed on time and sales.

Yes, for a limit order maybe. But this sounds to me like it was a market order that was being worked not held, so Ameritrade must have had discretion to fill it. (Unless the idiot actually put in just a straight market order for 175,000 shares.) Now they're coming back and saying they're not...

Ok, how can an order that was in for the regular session execute in the afterhours session. That has bullsh*t written all over it. I think the lawyer is a friggin idiot

Does anyone know what the qualifier WOW-with or without means?

Does anyone have experience placing limit orders with a discretionary price. Ex: 1.15 DR with a .05 discretion. Does the exchange simply mark your order as a limit order of 1.20 DR or is there any benefit to doing this?

If you're gonna get started investing, I wouldn't recommend starting with the pink sheets. Penny stocks may be cheap, but it doesn't matter. You lose 100% of your investment whether the stock is $0.85 or $85.00. I'd recommend checking out...

How do they loan the stock if it's not marginable?

IPO's are not shortable for 30 days. They can't be margined so they can't be loaned out.