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The point is they’re not buying from an exchange. It’s all being middled for margin and harvested for data to cover the execution cost.
by dd36 6y ago
The point is they’re not buying from an exchange. It’s all being middled for margin and harvested for data to cover the execution cost.
- JumpCrisscross 6y ago> they’re not buying from an exchange Most trades haven’t been executed on exchanges since at least the 90s. Sophisticated investors are fine with this. They often seek out off-exchange execution for a variety of benefits. The problem with Robinhood isn’t how it executes trades. It’s the kind of trading it encourages. It’s not in the shadows, it’s front and center in the UI.