Robinhood says customers net deposited $2.3 billion to its platform in Q3, but assets per user FELL QoQ from ~$4,500 to ~$4,200. The S&P 500 was flat in Q3 and yet the average RH user seems to have lost money.
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Replying to @HideNotSlide
RH users lose 7% of their deposit in spread crossing cost per quarter? Sounds about right
6 replies 0 retweets 18 likes
Replying to @AlexanderGerko
One man's spread crossing cost per quarter is another's yacht moneypic.twitter.com/gF08eLRyoX
6:25 AM - 27 Oct 2021
0 replies
0 retweets
14 likes
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