arca market orders cancelled

i sent 2 orders to short intc and msft market day...pre open...

orders were cancelled by arca and never filled...

did this happen to anyone else????

 

Does ARCA accept mkt orders at all? I worked at the wire desk of a mid-sized brokerage house and I recall ARCA canceled any market order we tried to send to them back to us. Just my $0.02.

M.O.Boss

 

I don't think market orders are allowed PM by most brokers, are they?

 

u can use arca routed and cross the level 2 for few pennies if your order exceeds level 1 bid /offer..

 

I'm probably wrong. IB allows it, but I've never done it in 6 years with them.

 

You have to specify a price on ARCA.

 

for what it is worth i have been sending this type of order for about three years now...

i gotten a couple of bad fills but never had my order cancelled without any notification....

nyse / arca strikes again...

the exchange has yet to neither confirm a system error or make the customer whole...

what a joke...