This is really what sold UBI for me. Making it possible for more people to give entrepreneurship a try and explore their business ideas seems like it could be very valuable to our society. I'm not saying it would be a…
Its not really clear who you are arguing against, the GP mentioned large market orders, I simply made the point that most brokers have worse order routing than the HFT firms and Robinhood is probably not much worse than…
The top of book liquidity on most equity stocks is light enough that a single retail investor can absolutely submit orders which must hit multiple exchanges, especially if they do so at non-peak hours. The NBBO doesn't…
The other commenters answered your first question about the sale of flow to HFT firms. Regarding your second question, I wouldn't recommend trading a lot of size on Robinhood, or using market order in general, but…
This is really what sold UBI for me. Making it possible for more people to give entrepreneurship a try and explore their business ideas seems like it could be very valuable to our society. I'm not saying it would be a…
Its not really clear who you are arguing against, the GP mentioned large market orders, I simply made the point that most brokers have worse order routing than the HFT firms and Robinhood is probably not much worse than…
The top of book liquidity on most equity stocks is light enough that a single retail investor can absolutely submit orders which must hit multiple exchanges, especially if they do so at non-peak hours. The NBBO doesn't…
The other commenters answered your first question about the sale of flow to HFT firms. Regarding your second question, I wouldn't recommend trading a lot of size on Robinhood, or using market order in general, but…