Options Chatroom

Discussion in 'Options' started by hii a_ooiioo_a, Nov 6, 2002.

  1. My problem is if I'm trying to buy there posted offer or sell there posted bid and they fade me why should I have to pay a cancelation fee.
    #11     Nov 12, 2002
  2. You could leave the order open without cancelling, and not get charged.

    Anyhow, if you get the order filled at another price, that should refund the cancelled order charge. And if you have to, break your next order up so you get more executions to balance the cancellations.
    #12     Nov 12, 2002
  3. you don't trade options. be honest.
    #13     Nov 12, 2002
  4. I do trade options. That's all I trade.

    I'm not happy about these new fees, but I'm trying to see how they can be worked around. They keep throwing new limitations and expenses at us, and we have to keep adapting the best we can.
    #14     Nov 12, 2002
  5. See my PSE thread ...
    #15     Nov 12, 2002
  6. Isn't that an interesting concept ...
    #16     Nov 12, 2002
  7. Good idea, however you will violate a few rules; i.e. 15 second, unbundling, etc..
    #17     Nov 12, 2002
  8. what about when your unfilled order gets automatically cancelled at the end of the day?
    #18     Nov 12, 2002
  9. They're not going to charge a cancellation fee for an unexecuted day order.

    I wouldn't violate the 15 second rule if I waited more than 15 seconds
    #19     Nov 12, 2002
  10. I think it is still called unbundling, but it is a good idea.
    #20     Nov 12, 2002