Sun 9/22/2019 20:37 ET
DJIA26935.07158.920.59%TELCO190.202.281.20%GOLD1524.0517.831.17%Shanghai3006.457.220.24%
S&P 5002992.0314.660.49%BANKS458.052.430.53%OIL58.410.220.38%BITCOIN10163.0314.230.14%
NASDAQ8117.6764.940.80%PHARM562.426.131.09%US/EU1.100.000.00%Futures3003.6214.120.47%
Welcome Stranger!  Please sign up or log in to enable additional features.Sign Up | Mail | Log In
Forum - Wall Street Pit    Stock Due Diligence for All

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search
  
From: TheNextGoogle (Rep: 525)Date: 05/20/2019 19:13
Forum: Wall Street Pit - Msg #2787351Thread #674082560 (Rec: 17)
Could this be true about Robinhood? -

https://www.google.com/amp/s/seekingalpha.com/amp/article/4212397-robinhood-high-frequency-trading-scandal-plot-thickens


===============
Payment for order flow
Edit
In September 2018, Seeking Alpha published a scathing critique of the Robinhood platform, criticizing its use of payment for order flow as the company's primary source of funding.

Bloomberg News reported in October 2018 that Robinhood receives almost half of its revenue from payment for order flow.[41] The company later confirmed this on its corporate website when asked by CNBC.[42]


https://en.m.wikipedia.org/wiki/Robinhood_(company)



                                                                                   

♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘

End of Message - My Sig:

Made New Forum - "Computer Tech And "Fix-It Stuff" Forum"

 http://www.thelion.com/bin/forum.cgi?tf=computer_tech_and__fix_it_stuf&t=

NOTE: This message has been revised 1 time. Read original version of this message.
What would you like to do? Message: Endorse | Bookmark | Report AbuseUser TheNextGoogle: Reward | Watch | Ignore

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search
  

TheLion.com | About Us | Agreement & Disclaimer | Privacy | Twitter
© 1999- TheLion.com, Inc.