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will EFX/MB trading likely to refund the money?

  • Post #1
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  • First Post: Jan 29, 2008 1:13am Jan 29, 2008 1:13am
  •  lite
  • | Joined Dec 2006 | Status: Member | 9 Posts
this happened last week. i had a long position of EUR/USD. i placed a limit sell order. but we the price was reached, my order did not get filled. i tried to cancel, or modify the sell order but i couldn't. as a result, i could not exit the long position or do anything. after ensuring this was not an internet connection problem, i called the trading help desk. they canceled that limit order.

there was no indication that the limit order was not good. the order book showed the order was "live" the whole time. as a result i lost some money. i called them and asked whether they could refund my loss, the gentleman said they are working on it and the person in charge of this was not in office. it has been almost a week since that incident, and i'm still waiting for an answer.

in my opinion, i should get a refund but i have never encountered simliar problems before. has anyone ever faced similar problems? will i be able to get a refund?
  • Post #2
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  • Jan 29, 2008 1:34am Jan 29, 2008 1:34am
  •  magnumfreak
  • Joined Nov 2007 | Status: Trying manual mode again | 2,210 Posts
Did this happen during the big power outage they had last week? If so, then I would think your chances are good.
 
 
  • Post #3
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  • Jan 29, 2008 1:38am Jan 29, 2008 1:38am
  •  billflet
  • Joined Mar 2007 | Status: It's all just noise. | 1,681 Posts
I don't know if they'll help or not but the likelihood of them helping drops as each day goes by. Get back on the phone and don't let up 'til they give you an answer one way or another.

Hope it works out.
Bill
 
 
  • Post #4
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  • Jan 29, 2008 1:42am Jan 29, 2008 1:42am
  •  lite
  • | Joined Dec 2006 | Status: Member | 9 Posts
Quoting magnumfreak
Disliked
Did this happen during the big power outage they had last week? If so, then I would think your chances are good.
Ignored
no it was the two days before that when there was no connection issues. the problems is not on my end. i think the order got stuck or something like that. the platform displayed the order was accepted but in fact the order could not be executed. i had no way of knowing the order was not good.
 
 
  • Post #5
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  • Jan 29, 2008 1:46am Jan 29, 2008 1:46am
  •  lite
  • | Joined Dec 2006 | Status: Member | 9 Posts
Quoting billflet
Disliked
I don't know if they'll help or not but the likelihood of them helping drops as each day goes by. Get back on the phone and don't let up 'til they give you an answer one way or another.

Hope it works out.
Bill
Ignored
thanks.

i called them twice and also emailed but they said they have to go though the process and person in charge was not in office.
 
 
  • Post #6
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  • Jan 29, 2008 12:41pm Jan 29, 2008 12:41pm
  •  jleblang
  • | Joined Apr 2006 | Status: MB Trading | 2,112 Posts
Quoting lite
Disliked
thanks.

i called them twice and also emailed but they said they have to go though the process and person in charge was not in office.
Ignored
Lite,

Are you and EFX client or MB?

If EFX...email me at [email protected] if you have not already.
 
 
  • Post #7
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  • Last Post: Jan 29, 2008 1:22pm Jan 29, 2008 1:22pm
  •  billflet
  • Joined Mar 2007 | Status: It's all just noise. | 1,681 Posts
There you go Lite! Customer service came and knocked on your door. Doesn't get any better than that.
 
 
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