Hi,
I am new to BBT, I have a TD account and have been using onDemand in ToS, it is good but very limited as far as hotkeys go and seems to be slight lag in the charts, orders seem to be faster than TradeZero though.
After watching the the DAS with TDAmeritrade video here I emailed them and asked about activating direct routing on my account, this is their reply:
"Thank you for contacting the Trade Desk! To enable direct routing, you would need to navigate to Client Services> My Profile> General> Elections & routing and then select "Edit" next to "Direct routing". This will allow you to read and agree to the terms and conditions required to enable direct routing on your account. Once direct routing is enabled, you can select a destination for your orders from the "Routing" drop-down menu on the trade ticket. *Please note, direct routing may not give you the best possible price. When you direct an order to a specific market participant, you may receive an execution at a price different from the national best bid or offer. Similarly, the time to execute and report your trade may take longer than you might otherwise experience with TD Ameritrade. To view more information on how order routing works, please visit: https://www.tdameritrade.com/tools-and-platforms/order-execution.page"
So why would direct routes be slower than TD's internal/SMRT routes ? Thought going direct to the market maker was the fastest option.....
Thanks