Posts Tagged ‘Pending Trades’

Pending Trades Issues

Tuesday, September 16th, 2008

Hi Everyone,

As I’m sure you have noticed, our trading system is running behind. Your trades are pending and executing much later than they should. Delays like this happen most often in the first or last few minutes of trading when we have a ton of orders at once, just like we did yesterday following Black Monday on Wall Street.

These delays are inexcusable and we are working as hard as we can to fix them. In the meantime, please keep in mind that even if the system is delayed, your trade still executes at the correct price, and canceling and re-entering trades will only delay your trade further.

Please let me know if you have any questions.

Regards,

Brendan

UpDown Team

brendan@updown.com

No More Pending Trades

Thursday, June 12th, 2008

e have eliminated pending trades from UpDown! All of the trades in your UpDown portfolio will now execute immediately. You will never again have to wait to act on a position because it is “pending.”

This enhancement to the UpDown platform makes your trading experience much more lifelike. We must still hide the execution price of your trades for 15-20 minutes due to stock exchange regulations, but your cash balance will immediately reflect the real-time price of your trade.

Eliminating pending trades has been the UpDown Community’s most requested enhancement. We are very happy to deliver it to you!

Go to your UpDown portfolio and start trading now!

The UpDown Team