DLR.TO Commission Fee on Questrade
Would someone kindly explain why this limit order on DLR.TO is being charged a commission? Attached is an image with the order.
I can see that the 3.15$ is the ECN fee for Canadian stocks >1$ @ 0.0035$ (900 x 0.0035 = 3.15$)
But I do not understand why my order, which is neither removing liquidity (limit order below ask price), nor a non-marketable order (it is a multiple of 100) is being charged the fee regardless.
The fee itself does not bother me for the moment, but in the future, if I choose to use Norbert's gambit for larger orders (in the 10 000's of shares), then Questrade will be charging be MORE than flat-rate big banks for the trade, even if I follow all the directives to avoid ECN fees, which doesn't sound very appealing to me.
Could someone kindly explain why I am being charged this ECN fee, on this particular order?