If you’re like most investors, you want your order filled fast, at the quoted price or better, and in its entirety.
Order execution striving to save you time and money
Our routing intelligence is combined with the efficiency of our proprietary routing technology. It dynamically sends orders to different market centers that seek to fill your order quickly and at the best available price.
Three Things You Need in Order Execution-Delivered
You Need Your Order Filled Fast
Routing intelligence is combined with proprietary routing technology to send orders to different market centers filling them rapidly and at the best available price.
You Need the Quoted Price or Better
Price improvement is the opportunity, but not the guarantee, for an order to be executed at a better price than the National Best Bid or Offer (NBBO). It’s our goal to get you the best price on your trade. See our price improvement record.
You Need Your Entire Order Filled
TD Ameritrade routes orders to numerous providers that offer liquidity (or shares) over and above what a quote may indicate. That means there is a strong probability that your entire order is executed.
How Order Execution is Done
As a large and sophisticated order sender, TD Ameritrade has the advantage of size, experience, and technology. We put all this to work to seek the best price possible. Here’s how it’s done.
Significant Resources Working for You
Since TD Ameritrade is one of the largest order routers in the industry, we’re able to analyze thousands of orders and put our knowledge to work every time you place a trade.
Proactive Price Adjustment
We vigilantly monitor trades and look for opportunities to improve your execution price. If your order executes at a price outside the NBBO, our experts know when it’s not justified and may request a price adjustment from the market center.
Reliable Order Execution
Stocks move quickly, so the ability to execute orders in fast-moving markets is a top priority to investors. TD Ameritrade goes one step further. We work aggressively to get a price better than what is quoted. See our price improvement record.