• TropicalDingdong@lemmy.worldEnglish
    1·
    1 year ago

    When I buy a stock on Charles Schwab, then the price should be the same as when you buy the same stock on Fidelity. If you get a different price from me, higher or lower, then the price of the stock is wrong.

    Tell me you dont understand how a market works without telling me you dont understand how a market works.

    • AnimorphFan1996@lemmy.whynotdrs.orgOPEnglish
      3·
      1 year ago

      National best bid and offer

      National Best Bid and Offer (NBBO) is a regulation by the United States Securities and Exchange Commission that requires brokers to execute customer trades at the best available (lowest) ask price when buying securities, and the best available (highest) bid price when selling securities, as governed by Regulation NMS.