comsec to 2 min to execute order

  1. 9,505 Posts.
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    Hi guys,

    I amended an order today and put a sell on it on Market value and it took Commsec 2 minutes to execute this order.

    I phoned them up and complained about it, as this delay costs me approx $900 on this trade.

    The operator replied that it was executed just within the 2 min time frame they have set for these transactions.

    I find it bizarre as this is an online broker who should imho put the order straight to the ASX for execution.

    E-trade has told me that they would put such orders direct into the market.

    Does anyone have issues like this or can let me know if E-trade has a faster way to execute orders?

    thanks in advance

    jojo
 
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