RE:Something interesting about tradinggoldens wrote: I normally only put in orders that expire at the end of the day but recently I had buy order in that was good till the end of the week. It never got filled and then I noticed that the limit price was lowered by .03 and my first thought was that my account got hacked. Changed my password and then sent a message asking if they would have changed the bid. As it turns out, if you have a bid in that crosses the ex-dividend date they lower the bid by the amount of the dividend being paid.
Not sure if other companies do this but thought I would share.
GLTA
Just reading this now. What brokerage was that? Now way that's normal, the bid you entered shouldn't change ex div or not. Sounds like something Wealthsimple would do trying to dumb down trading for dummies.