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Financial Products & Services / ScotTrade.com
|Subject: My order was executed after it expired||Date: 5/25/2012 10:06 AM|
|Author: stevenjklein||Number: 2848 of 2894|
Last Friday I placed a limit order to buy FB.
After the market closed, I logged on and saw a notice saying my order had expired unexecuted.
Yesterday (Thursday) I got an email from Scottrade with the subject, "Trade Confirmations Available Online."
At first I thought it was a phishing attempt, since I hadn't placed any trades since last Friday, and that one expired without being executed.
I just got off the phone with Scottrade, and they're now claiming that they didn't receive confirmation of the trade (from Nasdaq) until Wednesday.
Do I have any legal recourse against Scottrade or Nasdaq?
I can't help but wonder what would have happened if I'd spent that cash on another stock, or withdrawn it from my account.
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