There is a God ...

Quote from pattersb:

sorry, blew a gasket there. It was "princess" that got to me ...

bad trades all over the place. Someone must have gotten their symbols scrambled.


I'm going to go hide under my desk, until the stock reverses, or I get a call ...


mum's the word

:D
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Its ok, I do it too, when it hearts ... it hearts. I hope you'll never get the call ... but it is very unlikely. And, BTW, the princess comment was from the movie, I thought you'd recognize it, it was a joke. I guess it did not work as intended, apologies.
 
Quote from momoneythansens:

Pleeease MAESTRO, not again! LOL. Thought this debate had been covered ad nauseum over here
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Ok, I got your point ... sorry for bringing it up again.
 
Quote from momoneythansens:

LOL. For genuine fat finger style errors contact your broker ASAP e.g. Interactive Brokers policy:

http://www.interactivebrokers.com/en/general/contact/bustPolicy.php

I've had option trades busted a couple of times, once in my favor and the other against e.g. guys on the floor picked up my XEO orders but thought they were for OEX (allegedly).
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snip .... Note that trade cancellation policies are highly subjective and vary between ECN’s/Exchanges.


Will you guys act as character witnesses?
 
The subjectiveness is pertinent to when you have made the mistake and want to cancel.

I'm fairly sure it is a lot less subjective when the exchange has made the mistake!

In any event, good luck!

Quote from pattersb:

snip .... Note that trade cancellation policies are highly subjective and vary between ECN’s/Exchanges.


Will you guys act as character witnesses?
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the sooner you know for sure if they are going to bust it or not, the sooner you know if your positions is going to be re-exposed. This way you can't say you missed out on locking in profits or minimizing risk.

Also you may find that your trade was in the no bust zone and that only trades higher then yours will be busted.
 
Quote from AaronCapps:

the sooner you know for sure if they are going to bust it or not, the sooner you know if your positions is going to be re-exposed. This way you can't say you missed out on locking in profits or minimizing risk.

Also you may find that your trade was in the no bust zone and that only trades higher then yours will be busted.
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Very good point!
 
Quote from AaronCapps:

the sooner you know for sure if they are going to bust it or not, the sooner you know if your positions is going to be re-exposed. This way you can't say you missed out on locking in profits or minimizing risk.

Also you may find that your trade was in the no bust zone and that only trades higher then yours will be busted.
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This seems patently unfair to me. Someone, somewhere screwed up, and I can potentially be harmed by it?

I planned to sell EOD today, if it gaps up tomorrow and my contracts are reinstated (...term?). Oh well, that's my lose?

What the ...? Zero-Sum-Game Indeed!

It's just a bit of money, I'm going to let it roll .... I'll hope to be in that "no bust zone".


:D

Thanks for all the replies.
 
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