Trading platforms like RBC Direct split your orders. Things that make you go hmmm...
Trading Platforms like RBC Direct split your orders. Works well for the Online Brokerages as they get multiple trading fees spread amoungst them.
If you are trading on a slow day or near the end of day, your order might not get filled till the next day warranting a second fee even though the last order was big enough to include all of your order.
Just as bad is waiting any amount of time to get your order filled "buy or sell" to jump back in for another transaction.
Just got stung by RBC Direct. Even though a larger sell order than my bid was made, I only got a parlial fill.
After speaking with a RBC rep, I was told different routers are used to get the order in which means it can be split. They have no control... but benefit in trading fees when the order is split.
You can bet your last dollar that the traders on "Bay Street" are not subjected to this type of loterry trade.
More financial obstacles “retail investors” have to deal with.