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Non-Tech : Interactive Brokers / Timberhill
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To: the navigator who wrote (8910)4/4/2012 12:05:01 PM
From: The Ox6 Recommendations  Read Replies (1) of 9012
 
It is my experience that you get THE worst fills at Fidelity. It's as though they hold your order away from the market and only when they MUST fill it, they do. I have often been surprised by this tactic of theirs. I have even tried a few experiments using other brokers at the exact same time and with the exact same orders and I have found that the last place to get a fill is Fidelity. Similarly, they will also give you 100 shares to "create a transaction" during this same process, so you not only don't get filled until the end but if the market moves against you, you have to pay a commission for honor of not getting your order filled.

So the price may be right at Fidelity but their order execution makes me believe that they are actively trading against their own customers....

My opinion only....fwiw

TO
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