Comment by graemep 2 years ago Which means that your cost is market maker's spreads instead of fees. Still a cost to you. 4 comments graemep Reply kortilla 2 years ago Nope, this is one of the counterintuitive things about people paying RH for order flow. Market makers can offer tighter spreads when they know it’s a pool of dumb money. graemep 2 years ago tighter spreads are not zero spreads kortilla 2 years ago What’s your point? The spreads are tighter than you would get on the open market.NBBO requires that if there is something better that Robinhood gives it to you. 1 reply →
kortilla 2 years ago Nope, this is one of the counterintuitive things about people paying RH for order flow. Market makers can offer tighter spreads when they know it’s a pool of dumb money. graemep 2 years ago tighter spreads are not zero spreads kortilla 2 years ago What’s your point? The spreads are tighter than you would get on the open market.NBBO requires that if there is something better that Robinhood gives it to you. 1 reply →
graemep 2 years ago tighter spreads are not zero spreads kortilla 2 years ago What’s your point? The spreads are tighter than you would get on the open market.NBBO requires that if there is something better that Robinhood gives it to you. 1 reply →
kortilla 2 years ago What’s your point? The spreads are tighter than you would get on the open market.NBBO requires that if there is something better that Robinhood gives it to you. 1 reply →
Nope, this is one of the counterintuitive things about people paying RH for order flow. Market makers can offer tighter spreads when they know it’s a pool of dumb money.
tighter spreads are not zero spreads
What’s your point? The spreads are tighter than you would get on the open market.
NBBO requires that if there is something better that Robinhood gives it to you.
1 reply →