Yes, I'm sure implementing this feature was as simple as modifying the ownership column in the database. How are dismissive, unthinking comments like this upvoted?
> Your share ownership consists of just a number in a database on Schwab’s computers, and if Schwab wants to make that number floating-point that’s Schwab’s business.
But let's not act like Robinhood is doing anything new, innovative or difficult here. Numerous other brokerages have offered fractional shares for the past decade.
The article was by Matt Levine. I think he's the best financial columnist ever. I think you provided a valuable link for people.
I can see why some people might downvote you, but I sure can't understand why your earlier comment got flagged.