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Also, don't card companies pay net30/60? So even if customers were able to pay their orders, Robinhood only receives the money in 30 days but has to pay to the
by vegesm 6y ago
Also, don't card companies pay net30/60? So even if customers were able to pay their orders, Robinhood only receives the money in 30 days but has to pay to the clearinghouse in two days. That would wreck RH in a volatile period like this.