Replies to post #283420 on Monk's Den

[GreasenUSA]

Was he buying one of the F's?

I'm curious to know this too...

[Maxell46]

Interesting!
He was trading an ETF?
He had an even amount of shares being bought? ( 2000 etc not 2134)


2 second promise is only on stocks over $1 from what I've read.

[Hurricane_Rick]

E*Trade's 2 second guarantee:

When it comes to stock and ETF trading, E*TRADE Securities knows that speed counts. That's why we offer a 2-second order execution guarantee. We promise to execute your qualifying market order on S&P 500 stocks and ETFs available through E*TRADE Securities in 2 seconds or less—or you'll get a commission-free trade on us.

We are affiliated with a specialist and market-making firm, giving us end-to-end control over customer orders. What's more, our advanced order-routing system quickly processes your orders and directs them to over a dozen market centers to seek best execution for you.

And we back this all up with an exclusive scorecard that lets you view the execution speed of every qualified trade you place. So when you're ready to trade, you can count on us.


2-Second Execution Guarantee Details More info...

--------------------------------------------------------------------------------
Eligible orders

¦We'll pay the commission on your next qualified stock or ETF trade if it takes more than 2 seconds to execute your qualifying order.
¦Qualifying orders are limited to market orders to buy, sell, or buy-to-cover from 100 to 500 shares of the stocks included in the S&P 500 Index or any ETF available through E*TRADE Securities.
¦Only orders received between 9:45 a.m. and 3:59 p.m. ET are eligible. If the market opens late or closes early, these times will be appropriately adjusted.
¦Execution speed is calculated from the time E*TRADE Securities receives your order to the time we are notified of your final fill by the executing market center.
¦Orders placed through the E*TRADE FINANCIAL Web site, Power E*TRADE Pro, Power E*TRADE MarketTrader, wireless devices and voice browser are eligible.1
Ineligible orders
¦Qualifying orders do not include short sales; canceled or changed orders; orders entered within 20 seconds on the same security on the same side of the market2; sell orders for stocks or ETFs in which the account has a short option position3; extended-hours orders; orders directed by the customer to specific ECNs or market centers; the stock leg of complex option orders; buy orders for stocks or ETFs trading under $1; or broker-assisted orders.
¦The 2-Second Execution Guarantee does not apply to orders that are live during communications or other systems interruptions; orders stopped for price improvement; locked, crossed or halted market conditions in that stock or ETF; some orders on listed stocks or ETFs that would make a new intraday high or low4; or fast market conditions5.

https://us.etrade.com/e/t/invest/apptemplate?gxml=exec_guarantee.html&rightrail=disable

[Alejandro1989]

Hi LostTexan,

I think that's correct. I looked it up for you and this is what I found:

Eligible orders

¦We'll pay the commission on your next qualified stock or ETF trade if it takes more than 2 seconds to execute your qualifying order.
¦Qualifying orders are limited to market orders to buy, sell, or buy-to-cover from 100 to 500 shares of the stocks included in the S&P 500 Index or any ETF available through E*TRADE Securities.
¦Only orders received between 9:45 a.m. and 3:59 p.m. ET are eligible. If the market opens late or closes early, these times will be appropriately adjusted.
¦Execution speed is calculated from the time E*TRADE Securities receives your order to the time we are notified of your final fill by the executing market center.
¦Orders placed through the E*TRADE FINANCIAL Web site, Power E*TRADE Pro, Power E*TRADE MarketTrader, wireless devices and voice browser are eligible.1

Ineligible orders
¦Qualifying orders do not include short sales; canceled or changed orders; orders entered within 20 seconds on the same security on the same side of the market2; sell orders for stocks or ETFs in which the account has a short option position3; extended-hours orders; orders directed by the customer to specific ECNs or market centers; the stock leg of complex option orders; buy orders for stocks or ETFs trading under $1; or broker-assisted orders.
¦The 2-Second Execution Guarantee does not apply to orders that are live during communications or other systems interruptions; orders stopped for price improvement; locked, crossed or halted market conditions in that stock or ETF; some orders on listed stocks or ETFs that would make a new intraday high or low4; or fast market conditions5.


https://us.etrade.com/e/t/invest/apptemplate?gxml=exec_guarantee.html&rightrail=disable

Hope it helps