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Re: OldAIMGuy post# 41530

Thursday, 01/05/2017 2:27:39 AM

Thursday, January 05, 2017 2:27:39 AM

Post# of 47082
Hi Tom,

Otherwise the brokerages tend to reduce your limit price by the amount of any dividends paid since the order was entered.

WTF? I hadn't heard that before. Is it true of all the brokers or do some not do that? How would one set a "do not reduce" at TDAmeritrade, if you know?

Thanks a bunch,

Allen

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