3 ms·
Honestly with free stock trading retail is getting a pretty good deal. People can complain all day but it isn't a profitable business any more.
by u678u 6y ago
Honestly with free stock trading retail is getting a pretty good deal. People can complain all day but it isn't a profitable business any more.
- rswail 6y agoSo what you're saying is by disintermediating share/derivative trading, one level of middlemen has been made obsolete? Sort of like travel agents and airfares? Why is this a problem? The fact that the share trading market is keeping these middlemen in place is part of the exploitation of the process. Market makers perform a useful function in terms of maintaining an orderly market. Brokers don't. Especially ones that offer credit to their customers, thus hiding the risk to the counterparties of a trade.