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Hint: if something is free, you might be paying for it in other ways. The collateral obligations to run a brokerage are a real thing and these under capitalize
by blobbers 6y ago
Hint: if something is free, you might be paying for it in other ways.
The collateral obligations to run a brokerage are a real thing and these under capitalized brokerages are messing with the market.
There's a reason the big boys trade through the prime brokerage. The carpet got pulled out from under the Robinhood because there's a game going on that they didn't even know they were in.
Robinhood meanwhile is collecting fat lending fees for lending out the GME shares all their "diamond hands" members are holding.