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would you like to take the opposite position on a portfolio of retail investors trading for free on their mobile phones...HFTs, like ummm yes please!
by MistaEd 8y ago
would you like to take the opposite position on a portfolio of retail investors trading for free on their mobile phones...HFTs, like ummm yes please!
- kasey_junk 8y agoI don't have any inside information about Robinhood's infrastructure, but I'd be willing to bet the mobile phone thing is a red herring. HFT will take that bet on the other side of every retail investor they can get their hands on, including those with very sophisticated trading terminals. For that matter they will take the other side for very sophisticated non-retail investors so long as its non-directional flow.