The Little Guy Loses Again

Discussion in 'Order Execution' started by nasdaq1987, Feb 22, 2009.

  1. Clinton also had trouble with their there.

    The chart in the ops thread really looks like a bad fill, and a possible bust should have been anticipated.

    If he had paid 50 cents would he have also thought the gods have given him a gift?
     
    #21     Mar 2, 2009
  2. For NASDAQ listed equities, there's a website where you enter the details on trades you believe are clearly erroneous.
    However, if you don't succeed in claiming your trade (ruling goes against you) you're charged $250.

    I'm not sure how it works for futures exchanges...

    At least on US stocks once you enter a claim for clearly erroneous, it goes to ruling at FINRA (arbitrage). Once there's a ruling, that ruling is final.
     
    #22     Mar 4, 2009