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TX ID https://blockchain.info/tx/5296267a73bf273ee5f5d8d1402921b7158f2efdf3182110eeac3e6bd676fdc8
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Random address missing 0.001 BTC amount was sent to: 1Nz91fvCf483rZfCAbpDq3KUqoDfxTxDNr
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Can someone please explain what happened here?
As ranochigo has explained, this is because you decided to use 2FA.
TrustedCoin (the 2FA service) requires you to pre-pay a fee for future transactions. If you are configured to pre-pay for the next 20 transactions, then they charge a fee of 0.00005 BTC PER transaction for a total fee of 0.001 BTC. You had used up all your pre-paid transactions, so when you tried to send this transaction and it was submitted to them for signing, TrustedCoin subtracted out the 0.001 BTC fee for the next 20 transactions that you will send in the future.
TrustedCoin offers a discount if you to pre-pay for the next 100 transactions 0.000025 BTC PER transaction for a total fee of 0.0025 BTC (total fee is higher, but you don't need to pay again for the next 100 transactions, so fee per transaction is lower)
Note:
2FA does NOT protect you if someone else gains access to your Electrum seed (since that person could just restore without 2FA).