3 ms·
Sorry thinking about this more, I guess the actual best price at the stock exchanges would be preferable
by gmm1990 7y ago
Sorry thinking about this more, I guess the actual best price at the stock exchanges would be preferable
- tptacek 7y agoInternalizers can quote better prices than the exchange NBBO; you don't have to guess: when you're buying, the lower price is the better one.
- intuitionist 7y agoReg NMS prevents HFTs from filling your order outside of the NBBO. if anything you’ll get slightly more favorable prices from a market maker, since they know you’re a retail trader who’s not going to run them over.
- gmm1990 7y agoYeah that makes sense then. I have been using Robinhood cause I figured it wouldn't matter anyway the latency differences between click trading and their algos are so large. But I won't be after the outage today.