Disclaimer
This site is intended for U.S. residents only. Products and services offered on behalf of Wisconsin Discount Securities Corp., are available only in the states where Wisconsin Discount Securities Corp. is authorized. Those states include Oklahoma, Wisconsin, Illinois, Arizona, Florida, California and Texas. This is not a solicitation to those customers who reside in those states.
The information within this Website has been obtained by sources believed to be reliable, but accuracy and completeness cannot be guaranteed.
Wisconsin Discount Securities Corp. is not responsible for the information supplied by any other Internet sites linked to this site. Information obtained in those sites is at the users risk.
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If the order entry system is down, you can call us and place your trade with a broker for no additional charge.
However, if your computer system is not functioning (or you are away from your computer), a broker can place your trade for you, but broker-assisted rates will apply.
What to expect during times of market volatility and fast markets
A fast market occurs when a sudden demand to buy or sell shares exceeds the
supply of shares offered, thus resulting in a dramatic price movement. If
an investor places a market order (next available price), he or she could
end up buying or selling shares at a price considerably different from the
quoted price displayed seconds earlier.
Example:
9:00 a.m.Market order at $5.00/fast moving issue
9:02 a.m.Order executed @ $20
In a fast moving market, a way to avoid the possibility of the execution of
a trade at a price higher (buy) or lower (sell) than anticipated, the
investor may wish to enter a limit order (rather than the market order)
which allows him/her to set a specific buy price at the maximum price
he/she is willing to pay for the security or a sell price at the minimum
he/she is willing to receive.
The investor should also be aware that in times of high market volume and
market volatility, market makers may execute orders manually or reduce the
size guarantee of a traded security, resulting in possible delays in order
executions and losses.