tooriginal

Here's the most systematic discussion on this I've seen for stock only: Aug 2022, SSRN-id4189239.pdf From the conclusion: It's pretty confusing but my understanding is that an order from say, robin hood and tda could be routed to the same market maker at the same time but because of the relative "market power" (vague), TDA clients get a better fill. Surprisingly PFOF amounts and from whom are not predictive of execution quality. Apparently TDA has the lowest transaction costs among the brokers considered and very surprisingly to me, IB has the highest.

Happy to be MOM again. Just trying my best to keep to the conversation going. There are so many tickers-- the buffet threads have been great reminders of what I've been missing. Q4 of 2022 earnings were a difficult time. Q1 of '23 shaped out really well. Here's to a productive Q2 starting in July!

Thanks for the kind words everyone. It's been a great 1st half of the year on the forum for me. I'm very glad I was able to make a net non-negative contribution as well!

Thanks everyone for the nice comments. I've learned a lot on the forum and enjoy contributing when I can. Looking forward to a full year of trading with the SO strategies and learning more still.