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Been Hosed By Your Discount Broker Lately?
Another factor for RJT vs. IB -- RJT charges extra to direct to an ECN. May not be a problem during the day but if you get stuck with a position to ditch after hours with RJT it will cost you an extra 1 cent/share. FWIW, I had a problem with Waterhouse (before RJT) where they busted a fill...- twobits
- Post #15
- Forum: Order Execution
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Been Hosed By Your Discount Broker Lately?
If you're trading 1500 or less QQQs per order, Interactive Brokers would be cheaper, faster order entry, and (sometimes) faster fills. I still use RJT on a limited basis, but I liked them a whole lot better before Waterhouse grabbed them. The commissions went up and my impression is that my...- twobits
- Post #6
- Forum: Order Execution
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Would you like a SMART routing option which ignores ARCA?
def, on a related not, why is "Best ECN" not available for all securities? To ensure an immediate fill, I often have to direct to a specific ECN. This is more prone to mistakes and inferior pricing, and also doesn't allow TMBR to pick it up if they want to. I would think a "Best ECN" for...- twobits
- Post #23
- Forum: Order Execution
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oh yeah, baby. another $3,000 for my account.
www.namecheap.com is even cheaper (barely) at $8.88/yr. I've been using them for a couple years with several names and they work well. They also have e-mail forwarding so anything@yournewdomain.com can be forwarded to your existing mailbox. Not that you care about that, you name squatting...