Question by gno: How reliable are online trading companies that disclaim the accuracy of their quotes and other information?
I've been reading Smith Barney's agreement terms, and have found it rather interesting that the company explicitly "does not guarantee the accuracy, completeness, sequence or timeliness of the Information..."
Likewise, the OPRA agreement states that OPRA is not responsible for loss or damage due to "... delays, inaccuracies, errors in or omissions from any options information...whether or not due to any NEGLIGENT act or omission on the part of OPRA."
While I realise that this is standard legal protection against liabilities, I cannot help but wonder: Beyond market forces, what exactly protects investors from misinf
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