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Robinhood's model is different from the rest of the trading firms. Since they take ownership and find a liquidity maker post-trade, it would make them particula
by RustyConsul 5y ago
Robinhood's model is different from the rest of the trading firms. Since they take ownership and find a liquidity maker post-trade, it would make them particularly adept at handling crypto trades that have very large spreads. Think of them as an additional vampiric layer ontop of retail trades instead of charging for each trade. They'll soon be eating coinbases massive lunch. I'll definitely invest in them, even if they are a shitty company.
The modern era of investment is kinda weird.