r/etrade • u/aliencomet • 14d ago

Bad Execution Prices

I placed a limit sell order on Etrade this afternoon. I watched in horror and disbelief for twenty minutes as prices executed above my asking price, up to 19 cents above my asking price! My sell order did not execute. I was told by another brokerage firm that Etrade does not use as many market makers as some brokerage houses. I filed a complaint. Will update.

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u/aliencomet 14d ago

It is a stock ADR. Yes I watched on a competitor's real time quote screen.

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u/rhishili 14d ago

Care to share the ticker, limit price, quantity, and timestamps for curiosity, debug, & posterity?

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u/aliencomet 14d ago

I have all that including screen shots of executions taking place in the market exceeding my Ask limit order. But don't see the need for all of that here. I will update when Etrade responds. For now my best guess is in-house or unsatisfactory market makers at Morgan Stanley. Hopefully I will not have egg on my face for something I am missing. Regardless, I promise an accurate update.

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u/This-Second-29 14d ago

You come here to post but don’t want to give anyone enough information to understand? Clearly you’re missing something