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[researcher59]

re ZECCO - my message and their response -

Why are GTC limit orders on OTCBB and pinksheet stocks not being accepted on the new trading platform ? They were accepted until yesterday on the old platform. Other discount brokers continue to accept GTC orders on OTCBB and pinksheet stocks. It's a big nuisance to have to re-enter orders on a daily basis ! Why was this change made ? Zecco will undoubtedly lose business if this new policy remains in place. Please clarify the reason and rationale for this unfortunate change. Thank you.

RESPONSE from ZECCO

We do apologize for any inconvenience. Unfortunately with our new trading platform you would no longer be able to place "GTC" orders for penny stocks because of the risk limit involved. It is possible that these stocks can go through a corporate action and the appropriate market makers for that security may not make the correct changes which can put you and also our firm at risk. We do thank you for your feedback and will forward this suggestion to our developers for consideration.