I'm curious, can I purchase multiple securities from my online broker (TD Ameritrade) in 1 transaction? i.e. Purchase ABC and XYZ at same time, but only pay the transaction fee ($9) once.

  • If you're trying to reduce your transaction fees, you could try robinhood.io, which has commission free trading. – Philip Jan 28 '14 at 3:20

No, this is not generally possible, as each security purchase is booked as a separate order => hence separate transaction.

You can do this through purchasing of a fund, i.e.: purchasing one share of a ETF will get you a relative share of the ETF holdings, but the actual holdings are not up to you then.

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    To be clear, an ETF is a single security that is valued by the performance of its underlying holdings. – grayQuant Jan 28 '14 at 1:28

No you can't, as you would have to have a different order for each security. Usually the bigger the order the more the brokerage you would also pay.

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There is such a thing as a buy-write, which is buying a stock and writing a (covered) call simultaneously. But as far as I know brokers charge two commissions, one stock trade and one options trade so you're not going to save on commissions.

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  • +1 agreed, there are many types of contingency orders one can place. A cascading series of purchases, sales, or a mix of the two, all with their own commission. – JTP - Apologise to Monica Jan 28 '14 at 12:49
  • @JoeTaxpayer yep there are also other kinds of contingency orders, buy-write is the only one that I use – grayQuant Jan 28 '14 at 17:11
  • Thanks. Thats probably getting in over my head, but I will investigate a bit. – Derelict Jan 28 '14 at 18:41

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