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.
Obviously how much the average user will profit / compile debt from this change is a lot more variable.
r/wallstreetbets enters the picture... it will happen. And if it's not the "well-regarded" WSB people, it will be someone who drank way too much of the AI kool-aid.
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.
Institutional order flow can move the market, or be an indicator that the market is going to move in that direction. So executing against it a worse bet than executing against retail flow.