6 ms·
Do you have proof of 2? That would be a gigantic securities law violation so you should likely cite it.
by kasey_junk 6y ago
Do you have proof of 2? That would be a gigantic securities law violation so you should likely cite it.
- lykr0n 6y agohttps://robinhood.com/us/en/support/articles/stocks-order-routing-and-execution-quality/ https://robinhood.com/us/en/support/articles/stocks-order-ro... https://www.institutionalinvestor.com/article/b1m2p1cv68bx56/Twitter-Freaked-Out-Over-Robinhood-Selling-Its-Trade-Flow-But-the-App-and-Others-Have-Been-Doing-It-for-Years https://www.institutionalinvestor.com/article/b1m2p1cv68bx56... https://markets.businessinsider.com/news/stocks/robinhood-fined-by-finra-for-violating-best-execution-trading-laws-2019-12-1028776673 https://markets.businessinsider.com/news/stocks/robinhood-fi... There's nothing concrete that I can cite, but up until recently they have been doing wonky things with order execution.
- outworlder 6y agoNot sure about wonky things, but execution in general is horrible.
- kasey_junk 6y agoSchwab has almost identical order routing policies as Robinhood https://www.schwab.com/legal/order-routing-1 https://www.schwab.com/legal/order-routing-1 They sell your order flow as well.