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A comment on Robinhood Said to Get 40% Revenue from HFT Firms Like Citadel (2018). Parent comment

Re:Robinhood Said to Get 40% Revenue from HFT Firms Like Cit... by bko on Thursday January 28, 2021 @01:54PM (#25946994)
What about this should be illegal? Holding naked shorts? Or telling Robinhood to do something?
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Re:Robinhood Said to Get 40% Revenue from HFT Firms Like Cit... by bcrosby95 on Thursday January 28, 2021 @01:56PM (#25947035)
I'm taking it with a huge grain of salt and doubt it happened. But... assumming it did... calling brokerage firms to stop buy orders from retail investors so you can drive down the price of stock? If that isn't illegal what the fuck is?
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Re:Robinhood Said to Get 40% Revenue from HFT Firms Like Cit... by bko on Thursday January 28, 2021 @01:59PM (#25947088)
You can "tell" anyone anything. Look, you're telling them right now they should open up trading for these stocks!
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Re:Robinhood Said to Get 40% Revenue from HFT Firms Like Cit... by dahfizz on Thursday January 28, 2021 @02:10PM (#25947288)
These HFT firms hold power over Robinhood - that's what TFA is about. This is actual market manipulation.
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