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> You’re not going to get the best price. That's FUD (and I'm an Interactive Brokers user). That sort of routing flashes your trade to groups before it hits th
by Blackthorn 9y ago
> You’re not going to get the best price.
That's FUD (and I'm an Interactive Brokers user). That sort of routing flashes your trade to groups before it hits the exchange, and they have the option to take it. By regulation they can only take it at or better than top of book price. If they don't take it, it will hit the exchange.
Look, Interactive Brokers is a great brokerage. Very usable software and API, best in class commissions and margin rates, and you get direct routing and their smart router works pretty good too from what I understand. But don't oversell it by bashing RH.