I had a bad experience in Charles Schwab after new NASDAQ trade rule.
1) I had a order to buy 2000 shares of a very active NASDAQ at market. The 1st 1000 shares was filled 2 minutes later. The rest 1000 shares was filled 7 minutes later. The price difference between 2 filled lots is $0.50. Even the spread of stock was 1/8.
2) I had a order to buy 1000 shares of a very active NASDAQ at market. Schwab filled 500 shares 1 minutes later and filled the rest 500 shares 3 minutes later. The real time quote showed at least 1000 share in ask side. The 2nd 500 shares got a higher price.
I seem to me that Schwab's trade desk or dealer plays game to steal investor's money.
Do you have similar experience?
Where can I complain?
Thank you.
Liren |