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> And to add to that, a company (Citadel) that pays Robinhood a large amount of money for their data is one of those with the short positions. So Robinhood itse
by lovecg 6y ago
> And to add to that, a company (Citadel) that pays Robinhood a large amount of money for their data is one of those with the short positions. So Robinhood itself has a stake in this.
That’s quite a claim. Got a source on that?
- xeonoex 6y agoAgain I have no idea what I'm talking about, but https://www.equities.com/news/robinhood-is-said-to-get-40-revenue-from-hft-firms-like-citadel https://www.equities.com/news/robinhood-is-said-to-get-40-re... https://twitter.com/justinkan/status/1354853920762253315 https://twitter.com/justinkan/status/1354853920762253315 I'm no market expert, but I know that when cash is flowing between two companies, they generally have shared interests.