Any investor who buys $HOOD while also wanting PFOF banned and the Evil HFT firms punished is a hypocrite
I see what you're saying, but i don't know if Robinhood has the resources or expertise to truly realize/keep it. This is from a Virtu earnings call - Cifu got a question about brokers internalizing their own flow. This is what he had to say about it:pic.twitter.com/RvIvQaK1jM
-
-
They’re a $50bn company. They can hire the people and develop the resources. They will have wider bid Asos than some with more scale but still much better than commissions for small tickets
-
There’s a diff in being successful against Virtu bid asks in a PFOF world (very hard) and being good enough in a world where there’s no pfof / no virtu to compete with
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.