Wednesday, November 21, 2018

Resolution

To everyone,

I am happy to say that I am moving forward. I had a productive conversation with a Tradenet representative, who explained why my TEFS sub-account was charged with $58,820 in routing fees--this was due to the broker’s costs of hedging unexpected high volume trades (2.1 million shares traded in a few hours). I was fairly compensated by TEFS for my extra costs and I now consider the matter resolved. I enjoyed trading with Tradenet and have thus far been paid on schedule by TEFS. It was never my intention to damage anyone's business, but only to share my experience as a customer so that positive changes could arrive—I now feel this has been accomplished. I wish them the best of luck.

Thank you to all my readers for their support.
-Peter