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TheFinalCD

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TheFinalCD

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Re: ClarkKant post# 134871

Thursday, 05/07/2020 10:06:31 PM

Thursday, May 07, 2020 10:06:31 PM

Post# of 182912
HFT and Order Flow~! One of many ways we are being taken advantage of in these markets

Not only does Robinhood accept payment for order flow, but on a back-of-the-envelope calculation, they appear to be selling their customers' orders for over ten times as much as other brokers who engage in the practice. It's a conflict of interest and is bad for you as a customer.



https://seekingalpha.com/article/4205379-robinhood-is-making-millions-selling-out-millennial-customers-to-high-frequency-traders



What is Payment for Order Flow?
https://www.warriortrading.com/payment-for-order-flow/


Payment for order flow
https://en.wikipedia.org/wiki/Payment_for_order_flow


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Always consult an Investment Professional, my posts are my own opinions, and not for investing decisions

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