News for hackers. Stuff that matters.

A comment on Robinhood Gets Almost Half Its Revenue from Bargain with High-Speed Traders. Parent comment

Re:Robinhood Gets Almost Half Its Revenue from Bargain with ... by anonu on Monday October 15, 2018 @08:15PM (#18225320)
Internalizers want the entire order. If RH splits a order across multiple internalizers they will not be happy. So RH allocates in a Pareto-optimal way. As the order creator, you cannot earn that $2.40, you can only save by getting a better price.
[ Parent | on HN ]
Re:Robinhood Gets Almost Half Its Revenue from Bargain with ... by tptacek on Monday October 15, 2018 @09:05PM (#18225572)
Upthread, you said "It's never free. You're always paying somewhere." But it turns out to be pretty hard to even describe how Robinhood customers are "paying" for their order routing.
[ Parent | on HN ]