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/biz/ - Business & Finance


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File: 31 KB, 600x386, robinhood_cryptocurrency_trading_app-5bfd78e0c9e77c0026f122ac.jpg [View same] [iqdb] [saucenao] [google]
26563496 No.26563496 [Reply] [Original]

Is it true that Robinhood sells its retail orders to hedge funds?

>> No.26563508

Yes

>> No.26563532

>>26563508
So retail investors aren't actually buying anything?

>> No.26563557

>>26563532
Welcome to fractional reserve clown world. You will own nothing and be happy.

>> No.26563666
File: 57 KB, 575x327, Goldfinger.jpg [View same] [iqdb] [saucenao] [google]
26563666

>>26563532
You know with that gold ETF you don't really own the gold? Same thing.

>> No.26563699

>>26563496
No, there's a misconception about what "routing order flow" means and people repeat it because they like to feel smart.

>> No.26563715

>>26563699
Can you splain?