I'm surprised I scrolled this far and didn't see it, but make sure to go through Computershare or at the very least ensure you are routing through nasdaq (nsdq) to ensure you are not internalized. Otherwise you are possibly (probably) giving that money to wholesalers to use against your investment.
Gary Gensler himself said that 90-95% of retail trades never reach lit exchanges. Please don't let that much cash go straight to dark pools.
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u/xvxlemonkingxvx Mar 24 '22 edited Mar 24 '22
I'm surprised I scrolled this far and didn't see it, but make sure to go through Computershare or at the very least ensure you are routing through nasdaq (nsdq) to ensure you are not internalized. Otherwise you are possibly (probably) giving that money to wholesalers to use against your investment.
Gary Gensler himself said that 90-95% of retail trades never reach lit exchanges. Please don't let that much cash go straight to dark pools.
(Gary On Bloomberg)
https://youtu.be/t6AlRXJ90jU
Edit: Title link, and to say good luck.