Does Schwab Limit Price Improvement for Very Heavy Trading?

Discussion in 'Order Execution' started by Speedtrader1, Feb 9, 2021.

  1. Very interesting, thank you!

    so, your order is to buy and sell 11k shares within single order, but it got filled with several transactions (fill)? Is there incentive you want it to split into multiple small orders, say 2000 shares/order? Will you see any difference?
     
    #51     Jun 27, 2021
  2. no, that picture showed 1 order per row. I just sent them as separate orders - they were not all sent at the same time. Mainly did it to not move the market and see how the orders impacted things. But that is a separate issue. I see the recent lack of the price improvements on TDA as a big problem.
     
    #52     Jun 27, 2021
    freeman311122 likes this.
  3. I would like to use MedVed to trade with Fidelity, how reliable do you feel MedVed working with Fidelity since you mentioned Fidelity does not have API for you to integrate with?

    second question, does MedVed show the cost base of the shares bought in at least 4 decimal?

    Thank you!
     
    #53     Jun 27, 2021
  4. As of the last fixes this weekend, it is very reliable. I am using it myself, so you KNOW any issues will get fixed quick :)

    Yes, MT shows the cost base to 4. I checked that is working with Fidelity. They actually reported it to 2 decimals so I had to jump through some hoops to get an accurate value

    MT beta update just released. Get that. It has the fix for the intermittent login issue.
     
    #54     Jun 27, 2021
    freeman311122 likes this.
  5. Best service ever! Thank you very much!
     
    #55     Jun 28, 2021
    j_medved likes this.
  6. @j_medved ,

    I tried the beta version today, it worked very well. I did not find the P/L information on the trade window though, and the buy and sell button are too small, fonts are very small too and are not adjustable on the trade window, not very friendly for a scalper, anyway I can change that?

    Thank you very much!
     
    #56     Jun 28, 2021
  7. please email MT support with the screenshot as well as info about your screen resolution so we can check on that.
     
    #57     Jun 28, 2021
    freeman311122 likes this.
  8. %%
    Several ways to do 500-600 orders a day, including but not limited to;
    you would have want to/LOL/ or have to enjoy typing fast. Or pay some to do it.
    Could set up lot of those premarket or post market/even for regular market hours execution.
     
    #58     Jun 29, 2021