I have made the decision to disband Hindenburg Research

Re:I have made the decision to disband Hindenburg Research by wil421 on Thursday January 16, 2025 @05:54AM (#42723780)

All the major US brokers started doing free trades for stocks and etfs. For Vanguard, most of the index expense ratios are really low, like %.05 percent, but that’s not a trading fee.

[ Parent | on HN ]

Re:I have made the decision to disband Hindenburg Research by AdamN on Thursday January 16, 2025 @06:36AM (#42724012)

Even for paid transactions that typically give better pricing (IBKR Pro), the prices are extremely cheap.

[ Parent | on HN ]

Re:I have made the decision to disband Hindenburg Research by 4ndrewl on Thursday January 16, 2025 @06:48AM (#42724098)

How do they make money from you as a customer?

[ Parent | on HN ]

Re:I have made the decision to disband Hindenburg Research by tim333 on Thursday January 16, 2025 @07:33AM (#42724383)

Quite a lot of customers either have cash sitting in the account which they make interest on, or have margin debt which they charge for.

[ Parent | on HN ]

Re:I have made the decision to disband Hindenburg Research by 4ndrewl on Thursday January 16, 2025 @07:44AM (#42724458)

Interesting, thanks. For a minute I was expecting someone to say "ads"

[ Parent | on HN ]

Re:I have made the decision to disband Hindenburg Research by matwood on Thursday January 16, 2025 @07:20AM (#42724294)

You can Google it, but AUM at scale means .03% is a significant amount of money. There's also uninvested cash that the broker can invest in t-bills and take the spread.

[ Parent | on HN ]

Re:I have made the decision to disband Hindenburg Research by 4ndrewl on Thursday January 16, 2025 @07:48AM (#42724495)

Thanks for the lmgtfy :)

I bet the uninvested cash product drives some weird incentives - kpis around increasing ratio of sells to buys and increasing pain around removing cash.

[ Parent | on HN ]

Re:I have made the decision to disband Hindenburg Research by jkolio on Thursday January 16, 2025 @11:04AM (#42727108)

Front-running your trade.

[ Parent | on HN ]

Re:I have made the decision to disband Hindenburg Research by kortilla on Thursday January 16, 2025 @01:23PM (#42728895)

This is illegal and is absolutely the dumbest way to make money.

[ Parent | on HN ]

Re:I have made the decision to disband Hindenburg Research by valkmit on Thursday January 16, 2025 @01:27PM (#42728956)

nice try buddy, that’s ILLEGAL

[ Parent | on HN ]

Re:I have made the decision to disband Hindenburg Research by jkolio on Friday January 17, 2025 @12:09PM (#42740482)

Oh no, I guess someone will be going to jail!

...No? Then, uh, a punitive judgment?

>Small fine that amounts to a cost-of-doing-business.

Ah. Hm.

[ Parent | on HN ]