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A comment on Robinhood: We are letting go approximately 9% of our full-time employees. Parent comment

Re:Robinhood: We are letting go approximately 9% of our full... by qeternity on Tuesday April 26, 2022 @06:36PM (#31174033)
> and even frontrun their customers.

Oh ffs no they don’t.

[ Parent | on HN ]
Re:Robinhood: We are letting go approximately 9% of our full... by metadat on Tuesday April 26, 2022 @07:18PM (#31174370)
I thought RobinHood helped Citadel front run the orders?

See https://www.washingtonpost.com/business/2021/01/29/robinhood...

[ Parent | on HN ]
Re:Robinhood: We are letting go approximately 9% of our full... by ac29 on Tuesday April 26, 2022 @10:13PM (#31175491)
Payment for order flow is not front running (which is illegal).
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Re:Robinhood: We are letting go approximately 9% of our full... by mushbino on Wednesday April 27, 2022 @03:32AM (#31177302)
What is the order flow used for?
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Re:Robinhood: We are letting go approximately 9% of our full... by colinmhayes on Thursday April 28, 2022 @05:11PM (#31198272)
Citadel believes that they are less likely to lose money when they fill orders from retail investors. They're just paying for access to rubes, basically a finders fee.
[ Parent | on HN ]