"At 15:41:53 I placed a buy order for 100K WCN at 5.8 cents. Between the time when the order went from my computer to the ASX computers, one of their licenced so called "Privileged Traders" saw my order and quickly decided "you know what, I think I'll take them ahead of you thanks and I'll take the share at 6 cents as well. But I'll tell you what, if you want to buy the 67,235 shares from me you can have them at a higher price." Well I said no thanks to that and scratched the potential trade."
Hi Askier, it happened to me just once before and I complained to management at Commsec and got $600 worth of credited trades as I took a sceenshot and details if what happened. They agreed They completed my order at a higher price than was on screen at time later in day. dirty.
