ETFC » Topics » Know which orders are eligible

This excerpt taken from the ETFC 10-K filed Feb 28, 2008.

Know which orders are eligible

Our guarantee means that any qualifying stock or ETF order you place will be executed in 2 seconds or less – and if it isn’t, we’ll give you a commission credit to use on a future qualifying order.

For an order to be eligible for the 2-Second Execution Guarantee, it must be:



A market order for anywhere between 100 and 500 shares



For a stock in the S&P 500 Index or ETFs available through E*TRADE Securities



A buy, sell, or buy-to-cover order (no sell-short orders)



Received by E*TRADE Securities between 9:45 a.m. and 3:59 p.m. ET (if the market opens late or closes early, these times will be adjusted accordingly)



Placed through the E*TRADE Web site, Power E*TRADE Pro, Power E*TRADE MarketTrader, Trading Desk, a wireless device, or the Voice Browser




There are certain conditions that make an order ineligible for the guarantee.

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