alt Hacker NewsI wonder how much Robinhood will profit from this change.
Obviously how much the average user will profit / compile debt from this change is a lot more variable.
I wonder how much Robinhood will profit from this change.
Obviously how much the average user will profit / compile debt from this change is a lot more variable.
I was definitely wondering this. As I understand it they make money on order flow and don't charge for transactions (is that right?). But allowing LLMs to trade dilutes the true information in the order flow.
On the other hand maybe it's just chasing trends, like their previous forays into blockchains. It pays because it keeps their name in the news.