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Old 26th May 2009, 11:48 AM
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Default Re: Choosing/Rating Stockbroker

Quote:
Originally Posted by hispy99 View Post
Yes, you give an expiry date for your order. So the broker has between the date you give him the order and the expiry date to execute the order. If he violates your expiry date and purchases after the date you explicitly stated, you bring his attention to it and they should reverse the transaction. At least something similar has happened to me(a stock was purchased outside my price limit) and the transaction was reversed.
Thanks guys, another valuable lesson learnt.
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