2 ms·
None of these fines (either meme stock fines or systemic failures/price improvement issues) are "substantial". It's not even a slap on the wrist for Robinhood,
by alpb 5y ago
None of these fines (either meme stock fines or systemic failures/price improvement issues) are "substantial". It's not even a slap on the wrist for Robinhood, compared to the money they are making. They are probably clearing profits north of $70M in half a day.
- seattle_spring 5y ago> They are probably clearing profits north of $70M in half a day. Your assertion is that Robinhood is making $51.1 billion dollars a year in profit?