Anyone having trouble at Ameritrade today?
- Thread starter birdman
- Start date
From TD, regarding an order cancellation that was "jammed" yesterday morning --
From: Message Center Client Services | Date: 06/13/18 5:53 AM
Thank you for reaching out to us about the issue. We appreciate notification if anything does not work properly or as intended to investigate and resolve as soon as possible. The fix was implemented in the early afternoon of trading yesterday and should no longer be an issue today. Please reach out again if you run into any trouble.
From: Message Center Client Services | Date: 06/13/18 5:53 AM
Thank you for reaching out to us about the issue. We appreciate notification if anything does not work properly or as intended to investigate and resolve as soon as possible. The fix was implemented in the early afternoon of trading yesterday and should no longer be an issue today. Please reach out again if you run into any trouble.
Can you help me understand this? When I put a market order with tda it gets filled at the ask. The only time I see slippage is with thinly traded stuff. The. Again, I’m not scalping.
Market order to buy or to sell?
I had another hiccup at Ameritrade today, more than 2 weeks after i started this thread. I'm a big fan of Ameritrade, so this isn't bashing them, but it does make me wonder how common blunders are.
At about 43 minutes before today's close, i get the error message ...
Order rejected: You do not have enough available cash/buying power for this order.
The order was for 3000 shares and i had more than enough in there for 13,000. I had already done 2 round trips today for 3000 shares of the same stock.
Will probably be Monday before i get an explanation as to what happened. I will try to update with what they say. It's no biggie. Things happen and this might be more commonplace than i know across all brokers.
At about 43 minutes before today's close, i get the error message ...
Order rejected: You do not have enough available cash/buying power for this order.
The order was for 3000 shares and i had more than enough in there for 13,000. I had already done 2 round trips today for 3000 shares of the same stock.
Will probably be Monday before i get an explanation as to what happened. I will try to update with what they say. It's no biggie. Things happen and this might be more commonplace than i know across all brokers.
when in doubt f@ck off
do not like that?
then stop insinuation what others have or do not have
look into you plate dude..
you may really loose big with them one day
So then, you have an account at TD? I've already posted screenshots of mine, so there's no question I know what I'm posting about.
Hmmm - Ameritrade explains like i have copied below.
The Securities and Exchange Commission considers settlement to be two business days after the trade date on stocks. Therefore, when you sell a stock, the funds are not available for trading or withdrawal until two business days after the trade date.
When the sale of a stock is made while your stock purchase is still settling, the proceeds from that sale become unsettled cash. Unsettled cash will be released and added back to the cash available for trading on the day your original purchase settles. However, if you happen to sell a stock after the purchase has already settled, then the funds are available for trading immediately.
The proceeds from the sale of BAC on 06/29/2018 and 06/28/2019 will be available for trading when the purchase settles on 07/03/2018 and 07/02/2018 (two business days).
The Securities and Exchange Commission considers settlement to be two business days after the trade date on stocks. Therefore, when you sell a stock, the funds are not available for trading or withdrawal until two business days after the trade date.
When the sale of a stock is made while your stock purchase is still settling, the proceeds from that sale become unsettled cash. Unsettled cash will be released and added back to the cash available for trading on the day your original purchase settles. However, if you happen to sell a stock after the purchase has already settled, then the funds are available for trading immediately.
The proceeds from the sale of BAC on 06/29/2018 and 06/28/2019 will be available for trading when the purchase settles on 07/03/2018 and 07/02/2018 (two business days).