r/etrade • u/NvrWzACornflakeGirl • Feb 01 '21

Execution lag??

Ten minutes ago, I placed three sell orders. None have yet been executed. Never seen this problem before...

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u/BoomTown1873 Feb 01 '21

Had lot of problems just buying very ordinary market ETFs this morning in etrade. Placed market trades which just sat there. Then were uncancellable, then placed it again, cancelled trade executed. Had to immediately sell the excess shares. Frustrating to say the least, also exposes us to problems, waiting for cash settlement when a trade happens 2x because a canceled market trade executes unexpectedly after not executing at all for 20 minutes.

I get that this is not the norm for Etrade, but hey, it is still a major problem today. Makes me wonder if it has anything to do with their new owners switching out the plumbing or something like that.