Comment by kortilla
16 hours ago
What’s your point? The spreads are tighter than you would get on the open market.
NBBO requires that if there is something better that Robinhood gives it to you.
16 hours ago
What’s your point? The spreads are tighter than you would get on the open market.
NBBO requires that if there is something better that Robinhood gives it to you.
I think the point is that if you trade, you pay the spreads. Market makers can help you pay narrower spreads, but you still pay them.
If you just hold your index fund, you don't pay these recurring spreads.