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Re:Robinhood denies claims that it sold GameStop shares out ... by suifbwish on Friday January 29, 2021 @07:00PM (#25964516)
Where do brokerage firms that don’t charge for trades or membership make their money from then?
Re:Robinhood denies claims that it sold GameStop shares out ... by ghaff on Friday January 29, 2021 @07:14PM (#25964612)
Interest on cash/float/loans, management fees on their own funds, "skim" off trades, other fees of various kinds, etc.
Re:Robinhood denies claims that it sold GameStop shares out ... by duemti on Saturday January 30, 2021 @05:00AM (#25967793)
it is a red flag indeed. They route orders to market makers that profit from arbitrage (not exchanges), and other shady stuff.