4 ms·
This is highly illegal and taken very seriously. Is this speculation on your part or do you know this for a fact (in which case, you should report it).
by paperwork 8y ago
This is highly illegal and taken very seriously. Is this speculation on your part or do you know this for a fact (in which case, you should report it).
- mjlee 8y agohttps://seekingalpha.com/article/4205379-robinhood-making-millions-selling-millennial-customers-high-frequency-traders https://seekingalpha.com/article/4205379-robinhood-making-mi... They're probably not front-running. They are almost certainly selling trade information to HFT firms.
- 55555 8y agoAre you sure it's illegal in all cases? I was under the impression this was standard practice. https://www.cnbc.com/2014/03/30/michael-lewis-flash-boys-and-60-minute.html https://www.cnbc.com/2014/03/30/michael-lewis-flash-boys-and...
- JonasJSchreiber 8y agoIt's been widely reported [0]. And as I said I feel like it's still a fair deal. Some HFT's get my orders and they know I purchased 2 AMZN yesterday a few seconds before it executed. In return I get to trade for free on their platform. [0] https://www.bloomberg.com/news/articles/2018-10-15/robinhood-gets-almost-half-its-revenue-in-controversial-bargain-with-high-speed-traders https://www.bloomberg.com/news/articles/2018-10-15/robinhood...