Time frame to break/bust a trade???

Discussion in 'Trading' started by Dominic, Sep 22, 2008.

  1. Dominic


    I bought some shares of an ETF Friday morning around 9:40 am via ARCA; someone hit my buy order, yet it was extremely out of the market; curious if anyone knows if there is a set time frame for a trade to be busted?

    If I sell/exit position now and then they come back to me and tell me that orignal trade was busted, then I would be illegally short and might have a loss on the trade.

    Is everything ok after the trade day plus 3 day settlement period?

  2. anarcho


  3. Buy some KY just in case.....:eek: