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Why didn’t my order execute immediately?

Electronic orders are usually executed quickly.  However, investors should be aware that high trading volumes can cause delays in executions. Market volatility and delays in executions due to trading volume can result in trade executions at prices significantly different from the quoted price of the security at the time the order was entered. Place limit orders to minimize such scenarios. The speed of the Internet Service Provider used by an investor may also have an effect on an order’s execution. Timing in execution of orders may also be impacted by market volume, order queues at market centers, possible delays in order transmissions by brokers, and other system issues.

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