Stock-trading app Robinhood was rejected by 75 investors

Re:Stock-trading app Robinhood was rejected by 75 investors by jshaqaw on Sunday May 13, 2018 @06:20PM (#17061338)

I run a hedge fund. There are no hedge fund managers I respect who don’t run their personal accounts on IB. The IB platform is in many ways ahead of the full suites provided by leading prime brokers and third parties. I see many hedge funds -especially smaller ones - going with IB as a prime solution.

Your statement here is just empirically false.

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Re:Stock-trading app Robinhood was rejected by 75 investors by vostok on Sunday May 13, 2018 @06:32PM (#17061376)

I started my career as a trader at a bank and then moved on to quant/trading/PM roles at extremely cost sensitive firms. Not a single one of them used IBKR.

> There are no hedge fund managers I respect who don’t run their personal accounts on IB.

This thread is about institutional customers rather than personal accounts.

I know at least one former hedge fund manager who ran a high 10 figure hedge fund whose personal account is not at IBKR. I respect him a lot.

> I see many hedge funds -especially smaller ones - going with IB as a prime solution.

Are they cost sensitive? The fact that you have hedge fund structure set up does not mean that you are cost sensitive.

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