> ...the company has quietly been laying the groundwork to become a standalone market maker,
> One way to reduce its reliance on PFOF is for Robinhood to actually match its own order flow instead of selling it to other brokers, company executives said. They even hinted during the roadshow meetings with investors that they too will be looking at getting into the business…
> ...the company has quietly been laying the groundwork to become a standalone market maker,
> One way to reduce its reliance on PFOF is for Robinhood to actually match its own order flow instead of selling it to other brokers, company executives said. They even hinted during the roadshow meetings with investors that they too will be looking at getting into the business…
https://www.foxbusiness.com/markets/robinhood-ipo-twist-busi...