3 ms·
This is definitely true, and both journalists and individuals often glance over things like trading fees versus best execution without regard to investing style
by pmart123 8y ago
This is definitely true, and both journalists and individuals often glance over things like trading fees versus best execution without regard to investing style or intent.
If I'm a retail investor and I'm buying large-cap US stocks, window trading my 50 lot of AAPL at 11 AM for free when the market is $0.01 wide is significantly better than buying $5 commissions. If I have 10,000 shares to buy in a small cap company, these types of systems will usually dump the order off into the market since the system will have few crossing orders. This likely will be a lot more expensive than $5.