> Are robinhood customers not buying stocks from them? Are stocks not "goods or a service"?
When PFOF is involved, Robinhood users do not buy stocks from Robinhood. They buy them from the Robinhood customer who buys order flow.
> What nefarious activity are you suggesting they're doing?
I pointed out a troubling conflict of interest and a potential ability to act on that conflict in a legally ambiguous manner. For what it's worth, one of Robinhood's customers was recently sanctioned for old-timey tradeahead front running.
> I hope you see the irony here.
I don't see the irony. Can you explain it to me? I was trying to be opinionated, but intellectually honest. Did I fail?
I'm not following this. Are robinhood customers not buying stocks from them? Are stocks not "goods or a service"?
>It's not difficult to understand that PFOF entails selling user orders to brokers under common control with enormous asset managers that hoard advertising data and make market-moving trades.
You seem to be beating around the bush here. What nefarious activity are you suggesting they're doing? Front running? Because that's explicitly illegal.
>I see a trend here. People who disagree with you are ignorant or lying.
>[...] but it's hard to see this as anything but pandering to one side of an ideological conflict.
I hope you see the irony here.