Is this really Rodney King? I didnt realize that Rodney got into the trading world.
Quote from annsilver:
He is a former CEO of a very successful business he founded in the 80s and then sold in the 90s.
When you did get the order filled, what was the timestamp? I've seen instances with several of my brokers where they lose communications with the exchange, but the order gets executed just fine but it may be minutes or hours until communications are restored and it gets reported back to you.Quote from codetroll:
I put in a limit order to sell WMT at $51 at the open, and the thing didn't get executed even though the last price with both bid & ask were $51.10, and hovering at around 9:33 am, still no fill.
As I'm watching the stock go from $51 down to $50.50 and still dropping, I'm getting more and more pissed. I call in and all the lines are frozen, wait time is 10 minutes or more.
8 minutes later it shows my order filled at $51. So pissed me off, same thing happened with another I was holding over night
One thing that surprised me one time was when a day order of mine that didn't specify extended hours got executed at 9:25. A rep said it is normal for orders to sometimes be submitted before the open. I was happy with the fill, since it turned out to be the high price of the morning, but people who really don't want something filled until after a certain time may need to use something like Trade Triggers.Quote from Hansel H:
TD has a lot of rules for trading that you don't find out about until you lose $'s trying to do something new. One thing that particularly bugs me is that they don't guarantee submission before opening of trades submitted between 09:28 and 09:30 .
Quote from Rodney King:
If options are important to you, be aware that TD-Amer is expensive, $10 + 0.75 per option for execution, and a $20 charge if the option expires intrinsic (OTM expiries are free). And they aren't willing to negotiate the $10 + 0.75 rate, even for substantial accounts (I tried today).
Quote from JPope:
Not true, at least in my experience. I have about a $10k acct size there and I called in and demanded a rate cut in late 09. They gave me $7/trade +.75 for options for all my accounts.