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Cdntrader

Registered: Mar 2001
Posts: 3446

08-22-12 11:32 PM

http://www.businessweek.com/news/20...de-cancel-rules

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FroggerMan

Registered: Aug 2010
Posts: 140

08-22-12 11:38 PM

If we cancel trades whenever someone looses money every trade would be canceled...

I can understand canceling a trade when a stock trades at 30 and then at 0.01 the next trade but that is about it.

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Cdntrader

Registered: Mar 2001
Posts: 3446

08-23-12 01:07 AM

Quote from FroggerMan:

If we cancel trades whenever someone looses money every trade would be canceled...

I can understand canceling a trade when a stock trades at 30 and then at 0.01 the next trade but that is about it.

Agreed.

Its pretty sweet in my books that Knight had to eat it.

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