A question to those knowledgeable about finance: When I place

They relay the order to whatever you chose while doing the trade. My broker gives me the possibility to trade about 35 stock exchanges worldwide, but I can also make direct deals with banks or pther small investors.

>>1466574
So they relay it to the exchanges themselves? Is the order then picked up by a human and run across the floor with a little paper ticket? Or is it all computerized now?

>>1466574
Jesus, how can one person be so woefully misinformed? RH does not relay order to exchanges. They sell the order to a HFT. It's called paid order flow, and it's how RH stays afloat despite not charging commissions.

As to your claim, I find it highly unlikely that your broker allows you to choose the clearinghouse for your trade execution. There are some premium brokerages that offer this service, but at a cost. You don't really seem smart enough to understand the difference, so I'm going to assume that you're full of shit and just wrong.

>>1466520
What does Robinhood do with my order?
Since you won't be able to see the real price, they'll tack a few cents on first

>>1467062
This is illegal they do not do this

>>1467401
All brokers do it with market orders. It's called slippage. Like when you put in a market order for $10.05, and it gets filled at $10.055
This is just worse, because you won't even know how bad they took you.

>>1467401
*when the price is at $10.05