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> RH stopping all GME purchases was market-moving news and citadel got to know before anyone else, to the detriment of those RH users that were long GME. Yes,
by capitalsigma 5y ago
> RH stopping all GME purchases was market-moving news and citadel got to know before anyone else, to the detriment of those RH users that were long GME.
Yes, that is the point of paying for order flow. That is doubtless why RH users don't pay commissions.
- bidirectional 5y agoNo it's not, payment for order flow allows market makers to fill non-market-moving customers at better prices, capturing the spread. You're spreading harmful misinformation.