← Back to context Comment by graemep 3 months ago Which means that your cost is market maker's spreads instead of fees. Still a cost to you. 4 comments graemep Reply kortilla 3 months 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 3 months ago tighter spreads are not zero spreads kortilla 3 months 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 3 months 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 3 months ago tighter spreads are not zero spreads kortilla 3 months 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 3 months ago tighter spreads are not zero spreads kortilla 3 months 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 3 months 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 →