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> it's a work that does no useful work in any meaningful sense, but serves to make some already fabulously rich people even richer Isn't Robinhood able to offe
by logifail 6y ago
> it's a work that does no useful work in any meaningful sense, but serves to make some already fabulously rich people even richer
Isn't Robinhood able to offer free trading to customers solely because they sell their order flow on to, among others, HFT firms?[0]
[0] https://www.cnbc.com/2020/08/13/how-robinhood-makes-money-on-customer-trades-despite-making-it-free.html https://www.cnbc.com/2020/08/13/how-robinhood-makes-money-on...