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A comment on SEC charges Robinhood $65M for misleading customers about revenue sources. Parent comment

Re:SEC charges Robinhood $65M for misleading customers about... by bagacrap on Thursday December 17, 2020 @10:49AM (#25456602)
The article states that RH cost its consumers more in bad trade execution than it saved them in commissions. How are you sure this didn't happen to you?
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Re:SEC charges Robinhood $65M for misleading customers about... by ehejsbbejsk on Thursday December 17, 2020 @10:56AM (#25456698)
I trade in multiple platforms and I put in limit orders (RH doesn’t even allow market afaik). To be fair, I am probably not your typical trader since I’ve been a fintech developer in the past as well as have been involved in analyzing many SEC cases for/against major financial institutions. I will say this: it’s extremely hard to prove execution quality on options trading let alone doing it in 2020 when the market was so volatile.
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Re:SEC charges Robinhood $65M for misleading customers about... by renewiltord on Thursday December 17, 2020 @11:08AM (#25456842)
RH doesn't offer market orders on options. So GP never got a worse price than he was willing to pay.
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