November 28th, 2022
Last updated
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Last updated
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Fixed an issue with Robinhood market buy orders not filling sometimes. Under the hood in Robinhood, market orders are actually limit orders with a 5% collar.
We updated our integration to apply the 5% collar so that buy market orders can have a higher chance of filling.
Previously, we would send a limit price with the current market price and if the price moves fast enough, you may not get filled. The collar gives you 5% wiggle room to get filled. You can read more about this .