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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Jill who wrote (5499)2/27/2005 10:32:15 PM
From: Walkingshadow  Read Replies (1) of 8752
 
Jill, that is correct. If you pick your brokers carefully, you can indeed get much better fills.

I use brokers like Scottrade, Firstrade, etc. who deliver order flow to various places, and that is a very strong determinant of the quality of executions. The people paying for order flow are not operating out of the goodness of their hearts, because they don't have any. They pay for order flow because they know they can make money on the executions, and they do.

If I were going to be involved in a lot of options trading, I would get a much better broker that specialized in options for just that purpose.

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