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Posts & Investments - #robinhood

Evan
@evangower

Do you see payment for order flow (PFOF) as a good or bad thing? Robinhood's CEO, Vlad Tenev, in a new interview to CNBC asserts that he doesn't think the payment for order flow model, which the company utilizes in the U.S., is at risk. He defends it, stating that it is "inherently here to stay". Payment for order flow represents the compensation a broker receives for directing trades to a specific market maker for execution. This practice gained prominence amid the GameStop and AMC stock frenzy, particularly with brokerages like Robinhood, prompting scrutiny over market transparency and potential conflicts of interest. “If I’m a business that’s selling things, and I’m generating transaction revenue, the more you use it, the more money you get. Inherently, there’s a conflict there because I make more money by getting you to transact more,” Tenev told CNBC in an interview. Critics contended that PFOF not only impacted trading dynamics, disadvantaging retail investors, but also raised concerns about the perceived conflict of interest it created between brokers and clients. The U.S. Securities and Exchange Commission had looked at banning PFOF in light of concerns surrounding the practice, saying brokers enticed by it are making trading into a game to lure investors, but opted not to, while the European Union has imposed a blanket ban on PFOF. Sources: https://www.cnbc.com/2023/12/01/robinhood-ceo-says-payment-for-order-flow-is-here-to-stay.html https://www.cnbc.com/2021/10/18/sec-says-brokers-enticed-by-payment-for-order-flow-are-making-trading-into-a-game-to-lure-investors.html Want to learn and understand more about payment for order flow, great article from Vox and Public about it. https://www.vox.com/ad/22960319/pfof-payment-for-order-flow-trading-commission-public $AMC $GME $HOOD #pfof #sec #trading #robinhood #markets

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9 votes Ended 12/08/23
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Added DexCom to Watchlist
$DXCM $95 incoming after earnings beat. Holding 11/17 $90C on #robinhood #shortingthetrend #longterm I called #jimcramer on this September 26 https://youtu.be/fA0D596jqTs?si=BrvhONUa_Wo2n4vE
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Invested in Lockheed Martin
$LMT options on #robinhood are thru the roof. Might as well own some shares! #shortingthetrend
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Robinhood $HOOD reported first quarter revenue of $441 million, up 16% quarter-over-quarter. Rev: $441.00M vs. $424.53M Est EPS: $(0.57) vs. $(0.61) Est Interestingly, they announced theywill soon allow users to engage in 24-hour trading of selected exchange-traded funds and popular stocks such as Apple and Tesla, the company announced Wednesday—which will make it the first U.S. brokerage to offeSee more
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Say Technologies, a Robinhood subsidiary, is launching a new messaging feature that enables public companies to send tailored communications directly to retail investors within its network, and allows them to respond. Newer trading apps, including Robinhood, Public and WeBull, are all competing for younger investors, and building ways to connect companies directly with shareholders. Right now, tSee more
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So I just put money into #usdc . Can the #community tell me your thoughts on the investment. It was a lot. #crypto #altcoins #robinhood

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Not familiar with this100%
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1 vote Ended 12/20/22
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If you could go back in time 20 years from now and you had $10,000.00 to your name what would you invest into? I’m curious to know why so comment down below why! Here’s some picks if you can’t think of any good investments for the time! $MSFT $AAPL See more
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Robinhood $HOOD cutting about 23% of jobs This comes as the second job cut for the company this year, with 9% of the brokerage workforce at that time being laid off back in April. Earnings results also were released today in a surprise move EPS: (-0.34) reported vs. (-0.37) estimated Revenue miss ❌: $318M reported vs. $321M estimated See more
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New York Angelo avatar
New York Angelo
@investunrealvalueassets
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Crypto site FTX closes in on a deal to buy crypto lender BlockFI for $25 million in a fire sale 📰 The would be a🔻99% drop in valuation in the company, which in the last funding round valued them at $4.8 billion. Reports earlier this week had FTX looking into acquiring brokerage Robinhood $HOOD .See more
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