Any recourse for COCO?

Discussion in 'Trading' started by Toonces, Dec 5, 2003.

  1. i'mlong

    i'mlong

    their job to make a fair market. how do you explain canceling trades after they resumed trading? that's not doing their job of protecting.
     
    #31     Dec 7, 2003
  2. I agree, they should have done the cancels prior to that. And ARCA trading for 20 minutes + before the official open didn't really help matters.

    The waters are shark infested.
     
    #32     Dec 7, 2003
  3. NASDAQ's explanation
     
    #33     Dec 8, 2003
  4. i'mlong

    i'mlong

    Can't access the attachment
     
    #34     Dec 8, 2003
  5. VOLUME

    VOLUME

    Please re-post the attachment.

    Can't wait to read their bullshit story.
     
    #35     Dec 8, 2003
  6. Right click on the link, then select Save Target As...
     
    #36     Dec 8, 2003
  7. VOLUME

    VOLUME

    Thanks
     
    #37     Dec 8, 2003
  8. burnin

    burnin

    it comes as no suprise to me as i think they have let the system slip horribly and should pay
     
    #38     Dec 8, 2003
  9. VOLUME

    VOLUME

    But they are not the ones who are paying for the mistake.
     
    #39     Dec 8, 2003
  10. I don't know about the terminal but this explanation seems to make sense. The theory about the s/w glitch never seemed kosher to me. Step one is to find out what happened.
     
    #40     Dec 8, 2003