CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
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nizar said:
You....speculate, Nizar?
I think Gorilla is right too, maybe i was too honest.
Cheers,
CMC Markets - anybody else experienced executed trade repudiation?
- Thread starter adante
- Start date
You....speculate, Nizar?
I think Gorilla is right too, maybe i was too honest.
Cheers,
- Joined
- 29 March 2006
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- 218
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- 0
I have been using cmc for 6 mths. They have some INADEQUACIES in their software.
1) Sometimes if you place a trade and it is executed, it still says "Pending" on your screen. Then when you cancel it at the current price, it will tell you "its been executed".
What happens is they say they need someone manually approving the order, so there is like a 5 minutes lag in the time they transfer the info of the order to you.
In the past it had caused me to double sell or double buy because the stupid screen still says "pending" when in actuality it has already been executed.
BEWARE! So if it takes more than a few minutes to relay the status to us, HOW CAN WE MAKE ACCURATE DECISION? You think you have not bought and you buy again at another price, then you are told both of them are executed.
SOmetimes it even relays the wrong info. Once I cancelled an order on RIN, and it said cancelled(white screen). Then later it is said it has been executed before I pressed cancel. Then why do they show to me that it was cancelled???
Another bug is that their mobile marketmaker sometimes unables you to cancel a trade.
Once I cancelled a trade for as many as 5 times over a period of 5 nights, luckily the price I set was not touched in those 5 days. But for 5 nights, when I press cancel it does nothing. Then when I called to complain, they said there is a bug which they are aware of (but they did not disclose to the public).
1) Sometimes if you place a trade and it is executed, it still says "Pending" on your screen. Then when you cancel it at the current price, it will tell you "its been executed".
What happens is they say they need someone manually approving the order, so there is like a 5 minutes lag in the time they transfer the info of the order to you.
In the past it had caused me to double sell or double buy because the stupid screen still says "pending" when in actuality it has already been executed.
BEWARE! So if it takes more than a few minutes to relay the status to us, HOW CAN WE MAKE ACCURATE DECISION? You think you have not bought and you buy again at another price, then you are told both of them are executed.
SOmetimes it even relays the wrong info. Once I cancelled an order on RIN, and it said cancelled(white screen). Then later it is said it has been executed before I pressed cancel. Then why do they show to me that it was cancelled???
Another bug is that their mobile marketmaker sometimes unables you to cancel a trade.
Once I cancelled a trade for as many as 5 times over a period of 5 nights, luckily the price I set was not touched in those 5 days. But for 5 nights, when I press cancel it does nothing. Then when I called to complain, they said there is a bug which they are aware of (but they did not disclose to the public).
