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The whole value prop of Robinhood (from an institutional POV like Citadel) is that providing liquidity to retail traders is valuable because it's lower risk - m
by defen 6y ago
The whole value prop of Robinhood (from an institutional POV like Citadel) is that providing liquidity to retail traders is valuable because it's lower risk - my guess is that the GME imbroglio blew that assumption out of the water and they got caught with their pants down.