So, I have a TDAmeritrade account that I plan on switching my portfolio over to. I notice that when I trade on TDAmeritrade (let's use Northrop Grumman [NOC] as an example), when I click buy I'm given the option to buy at the market asking price ($462.00), or I can buy at the "mid" price ($454.05), which is the current price displayed on the market.
By contrast, when I go to Robinhood, the price is simply $454.05, seemingly the "mid" price, without any strings attached. Why then, would I not always attempt to buy at that price? How is Robinhood able to guarantee me that price while TDAmeritrade can't?
Submitted June 25, 2023 at 04:14AM by Tankdog12 https://ift.tt/oaSlJ23
