I commented above[1] that the author seems to have misunderstood. The SEC Order[2] actually says the opposite: > ... certain Robinhood orders lost a total of

I commented above[1] that the author seems to have misunderstood. The SEC Order[2] actually says the opposite: > ... certain Robinhood orders lost a total of approximately $34.1 million in price improvement compared to the price improvement they would have received had they been placed at competing retail broker-dealers, even after netting the approximately $5 per-order commission costs those broker-dealers were charging at the time. [1]https://news.ycombinator.com/item?id=25517658 https://news.ycombinator.com/item?id=25517658 [2]https://www.sec.gov/litigation/admin/2020/33-10906.pdf https://www.sec.gov/litigation/admin/2020/33-10906.pdf