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Comment by cure

That makes sense as an explanation - but this interview is with the CEO of another brokerage, Webull.

It seems that Robinhood does its own clearing (maybe not for everything?), cf. https://robinhood.com/us/en/support/articles/whats-clearing-..., so the story is probably a bit more complicated there. Could still be a similar dynamic, of course.

parent cure 5 years ago

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