Extreme slippage, is the broker right?

J

jonlebon

Hello,

I recently placed a stop sell order on a trade with a low cost broker which was triggered even thought the lowest price on the day was 9% above that stop.
I checked from Telechart, Swingtracker and ADVFN and all confirmed the data. I even checked on the 1 mn chart on Swingtracker which showed small volatility at the time but no spike.

When I complained the broker said that odd lots trades are not quoted on the tape.

Are they right? Seems a bit much and I am not happy about this.

Many thx.
 
Unless 100 shares traded there, doesnt look like you should have been executed, unless you entered the order incorrectly and it went live right away.

Its only 5 bucks, wouldn't sweat it.
 
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