In all of the years I have traded the NASDAQ and all of the time I have either been screwed or fighted from being screwed, I have never encountered what happened to me today. This morning (1-19-06) at 9:39:21 I by accident traded 200 shares of WBPRK. 100 shares long at 150 and 100 shares long at 151. Well, the POS normally traded at 25/share, but was extremely illiquid and had a bid - ask in the range of 25-155 at that moment. I originally wanted to place a SELL order as a limit at that price: Nothing close to market, but made the error. My broker called up Nasdaq to do the routine bust: NASDAQ REFUSED TO BUST IT. The y called the Market Maker and they refused to bust. I guess 125 away from market isn't enough for NASDAQ. So the issue was escalated: Marketwatch was called and all of that. People within the Nasdaq were even in awe that it wouldn't bust. Well to make a long story short, after 4 hours of fighting, NASDAQ still wouldn't bust, stating that "The trade was outside the rules of erroneous trading based on our policies". The market maker finally agreed to an adjust that was 5 bucks in their favor, hence I lost 1k exiting at market. I guess these guys can't make 8ths and 16ths anymore, so they have to make money someway. I have been doing this for years and I never thought something like this would be allowed to happen. I remember the old days when I used to hold erroneous trades (in my favor) for 3 weeks before a bust, knowing they would come. Now I just initiate them to save the time. Now to think the Nasdaq is promoting effeciency and fairness is complete BS. Hey, I guess that's what happens when you protect your own: The little guy gets it. I guess I should bow down the Nasdaq and be thankful I only lost 1k instead of 25k!