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Re:Robinhood launches 3% checking account by gruez on Thursday December 13, 2018 @01:07PM (#18674516)
>The stock market is a zero sum game. If HFTs are making money then someone else's is losing it.

But who's that "someone else"? It's not the robinhood customer, because they're getting at least the best price on NMS[1]. So what's the issue? Would you rather pay $10/trade so your trade gets posted directly to the exchange and the profit goes to some random investment bank or daytrader rather than the HFT firm?

[1] https://en.wikipedia.org/wiki/Payment_for_order_flow#Legalit...

Re:Robinhood launches 3% checking account by jkqwzsoo on Thursday December 13, 2018 @02:38PM (#18675292)
NMS regulations do not apply to "odd lots" (orders <100 shares). This likely constitutes 99.9999999999% of trades done on Robinhood (and most retail trading, to be fair).
Re:Robinhood launches 3% checking account by y_molodtsov on Thursday December 13, 2018 @01:38PM (#18674792)
In 2018 people like to scream about “selling their data” way too much.
Re:Robinhood launches 3% checking account by justsayinstuff on Thursday December 13, 2018 @02:40PM (#18675311)
In 2018 I'm still not being paid for my data.