Thursday I placed MOC orders on 30 or so stocks, 4 didn't go through (Lost $$$)

Discussion in 'Trading' started by BlueOcean, Jul 6, 2009.

  1. So on Thursday I placed a whole bunch of MOC orders to exit positions. Then today I I found out that 4 didn't go through, and I ended up losing quite a bit of money.

    I called the NYSE, and explained the rep my situation, he told me to "fill out a compensation in relation to exchange system failure claim form"

    I asked him, if the NYSE would likely compensate me for the loss because of the MOC not getting filled. He said he had no idea. I was just wondering if anyone has done this before, if the NYSE does in fact compensate, or any advice.

    Thanks

    Here's the link for the form
    http://www.nyse.com/pdfs/SYSTEMERRORCLAIMFORM.pdf
     
  2. pspr

    pspr

    If not, I would think you would win an arbitration petition.