Joined: 24 Jun 2024 Posts: 1 Location: United Kingdom
Posted: Mon Jun 24, 2024 10:17 am Post subject: Immediate Edge
And as any good trader knows, it’s much better to sell when you can than when you have to. Robinhood's entire business is built on selling its customers’ orders to trading titans like Citadel Securities. At Schwab, so-called PFOF or “payment for order flow” only accounts for 3% of revenues. Initially, Tenev and Bhatt used the allure of exclusivity to capture interest.
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