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}199 karma · joined August 29, 2019
{
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},
update: function(dt, elevators, floors) {
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}
}I am not so sure that teaching kids in high school about the various types of interest-bearing accounts or the different markets for financial instruments would be as valuable as simply teaching the basics of how interest works. That way those students who continue on to college can make a more informed decision should they need student loans to help pay tuition.
Site still looks very much the same as it did other than a mobile friendly version available. Great source for various odds and ends. Especially for home science projects.
Thank you for sharing the Robin Williams clip, I had not seen that before and found it hilarious and perfectly fitting.
Interestingly, ET is used to treat cluster headaches and migraines.
You are correct that brokers are required to execute customer trades at the best available price aka the NBBO. The issue here is that the NBBO is relatively slow as compared to data feeds offered by various exchanges and many brokers use the NBBO simply to satisfy Reg NMS Rule 603(c)[1].
If price data was able to travel instantaneously then the NBBO might represent the true best price(s). But the laws of physics say it isn't so and orders can be executed at a less-than-best price yet still at or better than the NBBO.[2]
Fortunately, more are aware of this these days including the SEC which released a proposed order calling for exchanges to submit revised NMS Plans for consolidated data earlier this year.[3]
A great summary of how money is made with all of this I highly recommend giving this a read: http://www.nanex.net/aqck2/What-Every-Retail-Investor-Needs-...
[0]: https://www.law.cornell.edu/cfr/text/17/242.612 [1]: https://www.sec.gov/comments/4-729/4729-4560068-176205.pdf [2]: https://iextrading.com/docs/The%20Evolution%20of%20the%20Cru... [3]: https://www.sec.gov/rules/sro/nms/2020/34-87906.pdf
https://cdn.robinhood.com/assets/robinhood/legal/RHS%20SEC%2...
https://www.google.com/url?sa=t&source=web&rct=j&url=http://...