My latest: Robinhood has brought in more than $453 million in order flow payments this year as it eyes a potential IPO https://www.theblockcrypto.com/daily/85070/robinhood-453-million-pfof-ipo-potential …pic.twitter.com/NgVwO0Dy8H
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My latest: Robinhood has brought in more than $453 million in order flow payments this year as it eyes a potential IPO https://www.theblockcrypto.com/daily/85070/robinhood-453-million-pfof-ipo-potential …pic.twitter.com/NgVwO0Dy8H
I wouldn't be surprised if RH keeps posting similar PFOF numbers going forward. As noted by my friend @HideNotSlide, while retail trading this year has been abnormal, higher than usual retail participation will persist to an extent because of zero commission trades and pretty UX.
What happens when all the retail money is in Citadel's pocket though?
We'll get more headlines like this:https://www.chicagobusiness.com/finance-banking/how-ken-griffin-rode-2020s-crosscurrents-propel-his-net-worth-20b …
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