Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
314
on Dec 23, 2020
|
parent
|
context
|
favorite
| on:
Robinhood was indeed too good to be true
Could you clarify what you mean by better - do you get a smaller spread?
frockington1
on Dec 23, 2020
[–]
For a buy scenario. If a stock is trading at $20, other brokerages would execute a market order at $19.9997/share where Robinhood would execute a market order at $20.09/share. I noticed this also would occur but less noticeable on limit orders
smabie
on Dec 23, 2020
|
parent
[–]
If the nbbo offer was truly $20 at the time of order execution, there's no way you could get filled at $20.09.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: