Short QQQ Limit @ 30.79, filled at 30.76 ?!?!?!
- Thread starter taumeson
- Start date
Magna
Administrator
A sell-limit order (whether or not it's a short) says that you are willing to sell at that price or higher. Assuming you entered the order properly, if your broker filled you lower than you've got a problem. Now if you put in a sell-stop order then you will often get filled lower due to slippage, etc.
What is the usual recourse for such a problem?
I put in a Short at Limit of 30.79... and my order confirmation confirms that......
Do they usually rollback of the transaction? I want to have a short position at this current time, so a rollback isnt good... or do they usuall credit you the difference?
Quote from taumeson:
Am I smoking something? Or is this just wrong?
I placed a Sell Short @ 30.79 Limit, and it was filled at 30.76 by my broker... doesnt this totally go against the reason of using a limit?
Do I have a case against my broker? (Freetrade) or is this not unusual???
Thanks,
-Jason
:eek:
How many shares?
First thing would be to contact your broker, but take snapshots of everything their system shows before you do.
You said you "put in a Short at Limit of 30.79" - it should be impossible to get filled below your limit price on a sell limit order. A sell stop order @ 30.79 on the other hand...
In the absence of a record that your order was a stop limit order, about all you can do is hope the broker take pity on you.
When did this happen anyway - the QQQ hasn't seen 30.79 (let alone 30.76) today?
You said you "put in a Short at Limit of 30.79" - it should be impossible to get filled below your limit price on a sell limit order. A sell stop order @ 30.79 on the other hand...
In the absence of a record that your order was a stop limit order, about all you can do is hope the broker take pity on you.
When did this happen anyway - the QQQ hasn't seen 30.79 (let alone 30.76) today?
