IB Bulletin?

S

sprstpd

Any idea what this IB bulletin is about? Typical - ISLAND busting trades 3+ hours late.

Tue Mar 23 13:17:23 2004 EST

We have just been informed by ISLAND that there are a number of executions from this morning between the 09:30:00 am (EST) through 09:35:00 am (EST) timeframe that have been ruled to be busted.

If your account has ISLAND executions during this time frame, please be aware that the executions MAY have been ruled clearly erroneous. If this is the case, the executions will be electronically busted out of your account.

As soon as we have specific information regarding the individual trades being busted, we will contact the affected individuals via telephone or e-mail.
More...
 
Yep....that bulletin is a really big help. If you do what are you supposed to do???????????????????????

I guess if you show a trade during those times you could be screwed by the time that phone call or email comes( or maybe thousands richer).

Hope this does not become a habit . More info would be helpful.
 
Quote from ron2368:

( or maybe thousands richer).
More...
Man, that would be great. However, that never happens in these incidents. The little guy always gets reamed.
 
There were a bunch of really wild prints on the tape in the pre market. I don't know what the 9:30 stuff was about. I did buy 1000 shares of IBM for 5 cents each, but no one bothered me about it.

JK
 
You must log in or register to reply here.
Back
Top