Broker - Relfects Incorrect Information

Discussion in 'Order Execution' started by acp.research, Nov 1, 2011.

  1. Hello,

    I have a question regarding what I can do if my Broker reflects the incorrect information on the account which in turn prevented me from closing out a position.

    I'm a novice in day trading and was wondering if this stuff happens from time to time or in a regular basis.

    Thank you
  2. What "incorrect information on the account" would keep you from closing out a position?

    I can understand "incorrect information on the account" not allowing you to open a position, but you should always be able to close out a position.

    My advice would be to dump your current broker and get a new broker that knows how to keep proper account records.