Fidelity

Fidelity likes to do this cute thing where they claim to fill your stock at your requested price, but then they end up filling it or settling it at a higher price which is goddamn annoying. A few cents makes a difference and what is more annoying is that I setup my trade accordingly:

• Buy stock ABC
• 2.13/share
• Limit order
• all or none
• good until killed

Somehow that translated into, buy my stock at 2.16 a share which is clearly not what I asked for. Why is that okay? I emailed them and I am waiting for an answer.

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I got my answer and it turns out that they take their $9.99 fee and roll it into the cost basis... I don't like that because I think it is inaccurate. What the hell is $9.99 in comparison to like 100 shares that cost like $200 bucks! The point is don't roll it up into the price, it isn't the same thing. Just something I need to know I suppose. It makes it more difficult to track with Google finance too.