Cheapest exchange for market orders using IB for directed orders

Discussion in 'Order Execution' started by traider, May 25, 2017.

  1. traider

    traider

    What is the cheapest exchange to route to ?
     
  2. tommcginnis

    tommcginnis

    The one that gets you the best net of {fill-commission-fees}, and in a timely fashion.
     
  3. traider

    traider

    Is there a place to check the fees and commissions charged by each individual exchange
     
  4. FSU

    FSU

    Are you talking about stock or options?
     
  5. traider

    traider

    Stocks for now
     
  6. ET180

    ET180

    I'm not sure, but I think the SMART routing algorithm takes commission into account. Ideally, the algorithm should look for the best price considering exchange fees.
     
    MoreLeverage likes this.