Vanguard vs fidelity vs td ameritrade dow futures trading

Vanguard also maintains a presence on Twitter and responds to queries within an hour or so. Fidelity's online Learning Tastyworks exchanges small cap stock list nyse has articles, videos, webinars, and infographics that cover a variety of investing topics. TD Ameritrade investors can trade on multiple platforms, including the award-winning thinkorswim platform. The transaction itself is expected to close in the second half ofand in the meantime, the two firms will operate autonomously. Option Positions - Adv Analysis. Let's stop the grind. You need to jump through more hoops to place trades, and you don't get real-time data until you open a trade ticket and even then, you have to refresh the screen to update the quote. Desktop Platform Mac. It also carries no minimum fees. Our team of industry experts, led by Theresa W. Article Sources. What about Fidelity vs TD Ameritrade pricing? Read TD Ameritrade Review. More education offerings than most other brokerages with TD Ameritrade Network and daily stock commentary. Mutual Funds - Prospectus. Your Money. As already established, they have different specializations: Fidelity is more geared towards those who want to trade forex broker with best spread sia dukascopy payments Vanguard towards those who want more intermediation. While Vanguard's app is simple to navigate—and it's easy to enter buy and sell orders—most tools for researching investments direct you to a mobile browser outside of the cimb stock trading game understanding stock option trading strategies. Active Trader Pro is its fully customizable trading platform with more advanced features like real-time information streaming and analytics. Mutual Funds - Top 10 Holdings. Fidelity Go the robo-advisor invests in a range of funds, including US and foreign bonds and stocks, and short-term investments.

Mobile Platform and New Technology

Our team of industry experts, led by Theresa W. Charting - Custom Studies. Charting - Save Profiles. It offers filters, charting tools, defined alerts, and a variety of order entry tools. Streaming real-time data is included, and you can trade the same asset classes on mobile as on the other platforms. Both are robust and offer a great deal of functionality, including charting and watchlists. You can also test the waters using a feature called paperMoney — a virtual trading account — before you start investing your hard-owned cash. Read TD Ameritrade Review. Vanguard offers phone support Monday through Friday, during trading hours only. In doing so, we often feature products or services from our partners. TD Ameritrade customers can watch financial broadcasts and get top-notch market analysis. You can do either through its website or mobile app, although it can be challenging to pick the right account type due to the range of offerings. Opening a Roth IRA is one of the best money moves you can make. In addition to this key distinction, there are lots of minor differences between the platforms. Vanguard also supports Yubikey that checks your hardware and uses a multi-factor authentication key. However, for most people, Fidelity is the most suitable option, especially if you have a low- or medium-sized balance. With no streaming quotes or real-time data, you have to do your research first before using their system to set up a simple trade. Identity Theft Resource Center. Live chat is supported on its app, and a virtual client service agent, Ask Ted, provides automated support online.

Mutual Funds - Strategy Overview. You need to jump through more hoops to place trades, and you don't get real-time data until you open a trade ticket and even then, you have to refresh the screen to update the quote. Credit Management What is Credit? Customers receive a written analysis and commentary every day, and you can use thinkMoney each quarter to gain some insider advice from the top brokers at TD Ameritrade. Additionally, both firms boast robo-advisorsan essential point for anyone who wants a managed portfolio: Vanguard offers the Vanguard Personal Advisor Services while Fidelity has Fidelity Go. Careyconducted our reviews and developed this best-in-industry methodology for ranking online investing platforms for users at all levels. What is Life Insurance? You can set up trades straight from streaming data on all platforms as. Like most brokers, TD Ameritrade has numerous account types, which can make it tricky to pick the right one. You can also purchase Vanguard funds and ravencoin hashrate calculator change from btc to slr on bittrex funds. Reasonable efforts are made to maintain accurate information. On Nov.

Articles on Vanguard

Stock Research - ESG. Norton Internet Security day free subscription - Learn More. Fees for advisory depend on the type you choose. Vanguard offers a mobile app, too, but it's a bit outdated and light in terms of features. Interactive Learning - Quizzes. Accessed June 5, The pricing structure is quite transparent for trading. Like most brokers, TD Ameritrade has numerous account types, which can make it tricky to pick the right one. Research - Stocks. You can manage your orders, check pending transactions, and place trades. Charles Schwab Corporation.

Webinars Monthly Avg. Both brokers' portfolio analysis offerings provide access to buying power and margin information, stock brokers that offer leverage correlated with gold unrealized and realized gains. Good online broker for long-term investors Charting - Day trading cryptocurrency forum can blockfolio track trades automically Customizations. For a complete commissions summary, see our best discount brokers guide. We established a rating scale based on our criteria, collecting thousands of data points that we weighed into our star-scoring. The transaction itself is expected to close in the second half ofand in the meantime, the two firms will operate autonomously. TD Ameritrade, Inc. Both have flexible stock, ETF, mutual fund, fixed-income, and options screeners to help you look for trade and investment opportunities. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Mutual Funds No Load. Throughneither brokerage had any significant data breaches reported by the Identity Theft Research Center. They also both have some special features; Betterment will automatically invest balances for you, while Wealthfront helps you to reach specific goals. Save money and be informed. TD Ameritrade is better for beginner investors than Fidelity. LinkedIn Email. More than locations in 34 states. Fidelity's web platform is reasonably easy to use. These stock trading apps can help every type of investor build their nest egg. In addition, every broker we surveyed was required to fill out an extensive survey about all aspects of its platform that we used in our testing. This makes it inadvisable to make trades through the app, although you can still use it to check balances.

Vanguard vs. TD Ameritrade

Apple Watch App. It also carries no minimum fees. What is Pet Insurance? TD Ameritrade's website is fresh and easy to navigate; Vanguard's is outdated, and it's harder to find what you're looking for the company says a website update is in the works. Stock Research - ESG. Checking Accounts. How do you get residual or passive income? While each platform offers unique features, they're comparable in terms of research. These stock trading apps can help every type of investor build their nest egg. Education Options. Access the thinkorswim platform for customizable charts and dashboard screens, best stock app canada cd projekt red stock robinhood include watchlists, news, education, resources, stock tips, and so forth. In addition to this key distinction, there are lots of minor differences between the platforms. It offers filters, charting tools, defined alerts, and a variety of order entry tools. Short Locator.

ETFs - Reports. Its thinkorswim platform, in particular, offers beautiful charting, plenty of drawing tools, and a wide array of technical indicators and studies. You can choose between a robo-advisor, to receive a personalized plan from a financial consultant, and managing your own investments. Identity Theft Resource Center. Mutual Funds - Prospectus. Both are robust and offer a great deal of functionality, including charting and watchlists. TD Ameritrade's website is fresh and easy to navigate; Vanguard's is outdated, and it's harder to find what you're looking for the company says a website update is in the works. Fidelity and TD Ameritrade offer similar portfolio analysis tools. Fidelity offers more mutual funds with no transaction fees than Vanguard, and along with ETFs with no transaction fees. Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. In addition, every broker we surveyed was required to fill out an extensive survey about all aspects of its platform that we used in our testing.

Vanguard vs TD Ameritrade 2020

Mutual Funds - Strategy Overview. Further, TD Ameritrade offers several different ways to trade with a variety of platforms. No comments. Good tradingview finding highs and lows with series trade restrictiveness indices broker for long-term investors Careyconducted our reviews and developed this best-in-industry methodology for ranking online investing platforms for users at all levels. Education Fixed Income. Best. However, their main strength is retirement calculators and planning tools. Founded init offers outstanding educational content, live events, and robust trading platforms. Interactive Learning - Quizzes. Trading - Mutual Funds. With Vanguard, you can trade stocks, ETFs, and some of the fixed-income products online, but you need to place broker-assisted orders for anything. Personal Finance. There are regular webinars and online coaching sessions for more advanced topics, and learning programs aimed at beginning wire transfer forex rate axitrader minimum deposit on the app. Thinking of opening a brokerage account with Fidelity?

Learn how to invest your savings plus 3 investments to avoid. ETFs - Sector Exposure. Charting - Study Customizations. The transaction itself is expected to close in the second half of , and in the meantime, the two firms will operate autonomously. Long-term, passive traders. Barcode Lookup. Charting is limited, and no technical analysis is available—again, not surprising for a buy-and-hold-centric broker. Live Seminars. Thinking of opening a brokerage account with Fidelity? Before trading options, please read Characteristics and Risks of Standardized Options. There are regular webinars and online coaching sessions for more advanced topics, and learning programs aimed at beginning investors on the app. Option Positions - Rolling. To change or withdraw your consent, click the "EU Privacy" link at the bottom of every page or click here. Your Privacy Rights.

Vanguard vs. Fidelity Features

Vanguard, predictably, only supports the order types that buy-and-hold investors traditionally use: market, limit, and stop-limit orders. Vanguard offers retirement planning and over 16, mutual funds to choose from with some requiring no transaction fees. Finally, we found TD Ameritrade to provide better mobile trading apps. Overall, the trading platform is adequate for buy-and-hold investors, but it falls predictably short for traders and investors who want a responsive and customizable experience. Mutual Funds - Strategy Overview. Both have flexible stock, ETF, mutual fund, fixed-income, and options screeners to help you look for trade and investment opportunities. Ameritrade TD Ameritrade fees are higher than competitors, but is it worth it? Vanguard is best for people who only want to trade occasionally or who want their funds to be managed for them. They also both have some special features; Betterment will automatically invest balances for you, while Wealthfront helps you to reach specific goals. Vanguard also offers a decent range of products and supports limited short sales. What is Life Insurance? Stock Alerts - Basic Fields. We found it's easier to open and fund an account at TD Ameritrade. It's easy to place buy and sell orders, and you can even place trades directly from a chart. Trading - Simple Options. You can set a few defaults, such as whether you want to use a market or limit order, but you make most choices when you place a trade. Vanguard focuses more on the funds side, although it does offer brokerage too. TD Ameritrade offers a large selection of order types, including all the usual suspects, plus trailing stops and conditional orders like OCOs. Wealthfront and Betterment are two much newer firms that were formed with a focus on robo-advisory. Mutual Funds - 3rd Party Ratings.

Option Positions - Grouping. Live Seminars. Nonetheless, it can still be. You can manage your orders, check pending transactions, and place trades. Both brokers have a stock loan program for sharing the revenue generated from lending the stocks held in your account to other traders or hedge funds usually for short sales. Don't Miss a Single Story. Short Locator. In addition, every broker we surveyed was required to fill out an extensive survey about all aspects of its platform that we used in our testing. Mutual Funds - Reports. Calculators When Can You Retire? CreditDonkey is a stock broker comparison and reviews website. Fidelity also has a much more friendly user interface and offers more learning resources, so it can be a good choice for new investors. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website. Misc - Portfolio Builder. It's best candlestick chart for stock trading tc2000 stock charting software noting, however, that Fidelity doesn't support futures, options on futures, or cryptocurrency trading—which could be a deal-breaker for some active traders. Mutual Funds - Fees Breakdown. Long-term, passive traders. The transaction itself is expected to close in the second day trading in stock market india forex trend prediction ofand in the meantime, the two firms will operate autonomously. Get free access to Grant's best tips along with exclusive videos, never-released podcast episodes, wealth-building how-to's, time-saving calculators, mind-blowing courses, and way. Fidelity Go the robo-advisor invests in a range of funds, including US and foreign bonds and stocks, and short-term investments. Trading - Conditional Orders. Fidelity, founded inbuilt its stock close volume of trade day trading doji definition on its mutual fund business. Overview of Vanguard and TD Ameritrade. Certain complex options strategies carry additional risk.

Vanguard vs. Fidelity: Which Is Best For You?

ETFs - Risk Analysis. The Portfolio Planner Tool allows retirement savers to get a complete look of their performance and look for ways to balance out risky investments. Fidelity's online Learning Coinbase instant bitcoin how does bitcoin affect accounting has covered call bid and ask swing trading software review, videos, webinars, and infographics that cover a variety of investing topics. To change or withdraw your consent, click the "EU Privacy" link at the bottom of every page or click. Vanguard also supports Yubikey that checks your hardware and uses a multi-factor authentication key. With no streaming quotes or real-time data, you have to do your research first before using their system to set up a simple trade. Most mutual funds are commission-free online, including Vanguard mutual funds and over 3, non-Vanguard mutual funds. More than locations in 34 states. Half of their recent trades have been through the mobile app, which speaks volumes about its usability. Investopedia is part of the Dotdash publishing family. TD Ameritrade offers a more diverse selection of investment options than Fidelity. Fidelity Go the robo-advisor invests in a range of funds, including US and foreign bonds and stocks, and short-term investments. Both brokers' portfolio analysis offerings provide access to buying buy pot stocks etrade app store and margin information, plus unrealized and realized gains. Mutual Funds - Reports. It's easy to place buy and sell orders, and you can even place trades directly from a chart.

Many of the online brokers we evaluated provided us with in-person demonstrations of its platforms at our offices. The pricing structure is quite transparent for trading. Trading - Option Rolling. Trading technology is quite outdated with Vanguard, however. However, Fidelity has a more significant physical presence: it has more than double the number of employees that Vanguard has and more offices. Larger accounts have less cost for fees. Having a larger balance gives you more access to financial advisors and lower fees on trades. Opening a Roth IRA is one of the best money moves you can make. You can set up trades straight from streaming data on all platforms as well. You should consult your own professional advisors for such advice. Android App. This followed in the footsteps of other investment giants, Morgan Stanley and Ameritrade, and was done to make it more expensive for clients to purchase from its competitor. It offers filters, charting tools, defined alerts, and a variety of order entry tools. Charting - Automated Analysis.

TD Ameritrade vs Fidelity 2020

Both have flexible stock, ETF, mutual fund, fixed-income, and options screeners to help you look for trade and investment opportunities. ETFs - Ratings. LinkedIn Email. Brokerage Promotions Bank Promotions. In doing so, we often feature products or services from our partners. With either broker, you can move your cash into a money market fund to get a higher bt invest stock prices covered call options trading explained rate. Still, its thinkorswim interface is more intuitive, easier to navigate, and you can create your own analysis tools using thinkScript its proprietary programming language. Education Mutual Funds. We also reference original research from other reputable publishers where appropriate. With Vanguard, you can trade stocks, ETFs, and some of the fixed-income products online, but you need to place broker-assisted orders for anything. Other exclusions and conditions may apply. Read full review. You can also test the waters using a feature called paperMoney — a virtual trading account — before you start investing your hard-owned cash. Scan It. Education Stocks. Only TD Ameritrade day trading stocks on margin how do i withdraw money from nadex a trading journal. Where the app falls short is in its research and charting, which are very limited it seems the app is designed for investors, not traders. But the best way to actually contact TD Ameritrade may surprise you.

TD Ameritrade offers a more extensive selection of order types, and there are no restrictions on order types on the mobile platform. The two brokers also offer intuitive web-based, mobile, and desktop platforms to address the needs of both casual investors and frequent traders. Schwab expects the merger of its platforms and services to take place within three years of the close of the deal. Identity Theft Resource Center. The advisor will periodically rebalance your portfolio, but you can also make manual adjustments. On Nov. Option Positions - Grouping. Founded in , it offers outstanding educational content, live events, and robust trading platforms. Charting - Trade Off Chart. Related Comparisons Fidelity vs. Fidelity Go the robo-advisor invests in a range of funds, including US and foreign bonds and stocks, and short-term investments. You can also use the virtual trading simulator with TD Ameritrade to try out different strategies with absolutely zero risk. Methodology Investopedia is dedicated to providing investors with unbiased, comprehensive reviews and ratings of online brokers. The Fidelity Cash Management Account is their basic account, which gives you the most basic features, such as automatic investments and withdrawals. However, Fidelity has a more significant physical presence: it has more than double the number of employees that Vanguard has and more offices. Stock Research - Reports. Vanguard has screeners for mutual funds, stocks , and ETFs. Both brokers' portfolio analysis offerings provide access to buying power and margin information, plus unrealized and realized gains. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. Create an account for access to exclusive members-only content?

Two longtime industry stalwarts face off. Which is best for you?

However, in , Fidelity started to charge a surcharge when retirement savers opt for Vanguard funds. The Vanguard platform is more basic than Fidelity on both mobile and web. There is no minimum deposit and service fees can be waived by signing up for electronic statements. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. However, there is currently an antitrust lawsuit against the Schwab-Ameritrade merger. TD Ameritrade's order routing algorithm looks for price improvement and fast execution. TD Ameritrade. Fidelity also has a much more friendly user interface and offers more learning resources, so it can be a good choice for new investors. Opening a Roth IRA is one of the best money moves you can make. Please visit the product website for details. The two brokers generate interest income from the difference between what you're paid on your idle cash and what they earn on customer balances. Barcode Lookup. Mobile watchlists are shared with desktop and web applications. How do you get residual or passive income? Regardless of which account type and balance you opt for, Fidelity has some great features which are available for all its customers. Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing. Online Budgeting Tools Looking for the best and free online budgeting tool?

Norton Internet Security day free subscription - Learn More. Pros : Large selection of mutual funds and commission-free ETFs Broker assistance is gamco gold stock basics of stock trading courses udemy at no additional cost Easy to use Cons traderjoe tradingview auto trading signals Commission structure penalizes frequent traders Customer service wait times Commission costs on non-Vanguard investment options. Order Type - MultiContingent. Streaming real-time quotes are standard across all platforms, and you also get free Level II quotes if you're a non-professional—a feature you won't see with many brokers. Android App. On the other hand, Fidelity is best for active investors and low net-worth individuals due to their low trading fees. Watch Lists - Total Fields. A further option is Charles Schwaban established investment management firm. Mobile watchlists are shared with desktop and web applications. TD Ameritrade, on the other hand, offers three trading platforms—a web platform, the professional-level thinkorswim, and a mobile app—that are all designed for active traders. All potential investors have slightly different needs and would benefit from various features. Both brokers have a stock loan program for sharing the revenue generated from lending the stocks held in your account to other traders or hedge funds usually for short sales. Table of Contents. Sign up for Vanguard Personal Advisor Services. Option Chains - Quick Analysis.

About the author. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. Charting - Drawing. Trading - Simple Options. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Is Fidelity better than TD Ameritrade? Investors have access to more charting tools and options with thinkorswim than with anything currently being offered on Vanguard. The first thing the service will ask is what type pactgon gold stock price ennis stock dividend account you want and what your goals are. Article Sources. TD Ameritrade and Vanguard both offer a good variety of educational content, including articles, videos, webinars, and a glossary. For example, you can use the My Dock tool on the website to create a dashboard with all of your favorite stock news, tips, charts, and. And if you want to trade options or have access to margin, you need to sign additional documents—and wait a bit longer. Important On Nov.

Methodology Investopedia is dedicated to providing investors with unbiased, comprehensive reviews and ratings of online brokers. Charting - Study Customizations. Research - Fixed Income. How do you get residual or passive income? Direct Market Routing - Options. Opening a Roth IRA is one of the best money moves you can make. This makes it inadvisable to make trades through the app, although you can still use it to check balances. Good choice for ETF and mutual fund investors interested in Vanguard-sponsored investments With TD Ameritrade's web platform, you customize the order type, quantity, size, and tax-lot methodology. Best for. Since they were recently developed, they have an easy-to-use interface that is less clunky than the website. For options orders, an options regulatory fee per contract may apply. Webinars Monthly Avg. We also reference original research from other reputable publishers where appropriate. Related Comparisons Fidelity vs. To compare the trading platforms of both Fidelity and TD Ameritrade, we tested each broker's trading tools, research capabilities, and mobile apps. Click here for a full list of our partners and an in-depth explanation on how we get paid.

The mutual fund giant goes up against the full service online broker

Click here for a full list of our partners and an in-depth explanation on how we get paid. Charting is limited, and no technical analysis is available—again, not surprising for a buy-and-hold-centric broker. The more sophisticated options let you discuss your goals and preferences to formulate a comprehensive strategy with qualified advisors. For those who want more education and a ton of streaming news, tips, and quotes, TD Ameritrade offers a robust education center with plenty of tools, including:. Option Chains - Streaming. Special features include a portfolio analysis to compare current asset allocation with target asset allocation , the Vanguard Tax Center to track taxable dividends and capital gains distributions , and target-date funds, specifically for retirement and based on age. TD Ameritrade offers a large selection of order types, including all the usual suspects, plus trailing stops and conditional orders like OCOs. TD Ameritrade and Vanguard both offer a good variety of educational content, including articles, videos, webinars, and a glossary. Online banking can be a benefit for investors, and some brokerages do provide banking services to customers. Vanguard is best for people who only want to trade occasionally or who want their funds to be managed for them. Read full review. With no streaming quotes or real-time data, you have to do your research first before using their system to set up a simple trade.

However, for most people, Fidelity is the most suitable option, especially if you have a low- or medium-sized balance. Both have flexible stock, ETF, mutual fund, fixed-income, and options screeners to help you look for trade and investment opportunities. TD Ameritrade. CreditDonkey is a stock broker comparison and reviews website. Charting - Drawing. Vanguard focuses more on the funds side, although it does offer brokerage. You can learn more about the standards we follow in iq option robot 2020 multiple monitors set up for day trading accurate, unbiased content in our editorial policy. Does either broker offer banking? Read TD Ameritrade Review. Account minimum. More education offerings than most other brokerages with TD Ameritrade Network and daily stock commentary. The more sophisticated options let you discuss your goals and preferences to formulate a comprehensive strategy with qualified advisors. ETFs - Strategy Overview. Regardless of which account type and balance you opt for, Fidelity has some great features which are available for all its customers. Misc - Portfolio Allocation. Charting - Save Profiles. Both platforms allow you to trade in stocks, bonds, mutual funds, ETFs, options, and foreign exchange currencies. We also reference original research from other reputable publishers where appropriate.

With TD Ameritrade's web platform, you customize the order type, quantity, size, and tax-lot methodology. Founded init offers outstanding educational content, live events, and robust trading platforms. Option Positions - Rolling. Additionally, both firms boast robo-advisorsan essential point for anyone who wants a managed portfolio: Vanguard offers the Vanguard Personal Advisor Services while Fidelity has Fidelity Go. Desktop Platform Mac. Fidelity conducts a risk assessment when a client logs in, and options strategies finder automated pair trading may challenge you if the log-in is deemed insecure. Webinars Archived. Apple Watch App. However, the mutual fund screener is very basic and focuses on Vanguard funds over those from other firms. Option Positions - Adv Analysis. Most accountholders with Vanguard will need to work with a broker to get the most return on their portfolios, which comes at a higher cost as. Unlike TD Ameritrade, Vanguard doesn't offer backtesting capabilities, which is to be expected considering its focus on buy-and-hold investing. TD Ameritrade supports two mobile apps: the beginner-friendly TD Ameritrade Mobile and thinkorswim Mobile, designed for active traders. Take a look at real examples to get started. However, the opinions and reviews published here are entirely our. They also both have some special features; Betterment will automatically invest balances for you, while Wealthfront helps you to reach specific goals. However, this comes at a price: the best paid stock picking service vanguard trading hours black friday for TDAmeritrade are slightly higher than average. Deciding which company to use for your investments depends on your personal situation.

Sign up for Fidelity. Options trading entails significant risk and is not appropriate for all investors. Today, it's an industry giant with a solid trading platform, excellent research and asset screeners, and terrific trade executions. Stock Alerts - Advanced Fields. The order types you can use on the web or desktop are also available on the app, except for conditional orders. Many of the videos are old, and while they produce some webinars, most of the content is aimed at retirement and long-term investors. Both are robust and offer a great deal of functionality, including charting and watchlists. The Portfolio Planner Tool allows retirement savers to get a complete look of their performance and look for ways to balance out risky investments. Take a look at real examples to get started. Click here to read our full methodology.

Fidelity's online Learning Center has articles, videos, webinars, and infographics that cover a variety of investing topics. What about Fidelity vs TD Ameritrade pricing? Tim Fries is the cofounder of The Tokenist. Schwab expects the merger of its platforms and services to take place within three years of the close of the deal. This means that clients with a large balance get tailored, high-value advice. This makes it inadvisable to make trades through the app, although you can still use it to check balances. Mutual Funds - Strategy Overview. Founded in , it offers outstanding educational content, live events, and robust trading platforms. Trading technology is quite outdated with Vanguard, however. Vanguard also supports Yubikey that checks your hardware and uses a multi-factor authentication key. Education Stocks. Table of Contents. Direct Market Routing - Stocks.