No. of Recommendations: 1
The time-lapse between submission and execution of a bond order varies hugely due to lots of factors (mostly having to due with the underlying desk actually holding the bonds). But these are the times for one of my orders this morning at E*Trade.

1:46:35 Order Submitted
1:46:46 Order Acknowledged
1:47:07 Order Executed

A total, turn-around time of 32 seconds isn’t bad.

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No. of Recommendations: 0
This morning’s turn-around time was a far different story.

11:02:37 Order place
11:04:32 Order acknowledged
11:26:14 Order executed
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