I found this out the other day and Im still shocked. All those clients we have that place trades, Schwab rarely executes those trades. I didn't believe it, but my friend showed me how they just give our clients orders to other people and then tell our clients what those guys did with their trade. What is even the point of Schwab then?
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D/E/I in finance at work
Lol, this shows the typical intellect of people that post on this forum.
Where were you during the payment for order flow discussions the past few years?
This forum ain’t for you, baby girl. Come back when you’ve got some more licenses under your belt and been put through the Schwab meat grinder.
LOL… someone must be studying for that Series 7 right now
Boy there sure are some d-mb d-mbs in this forum