[bitt]

Tucker - “I just read that Robinhood’s real customer is not retail investors but the hedge funds and they sell data on trades to the hedge funds who use it to their advantage.”

[sevlex]

Robin Hood is a free app, right?

Then you know who the merchandise is.

[AZLiberty]

Tucker - “I just read that Robinhood’s real customer is not retail investors but the hedge funds and they sell data on trades to the hedge funds who use it to their advantage.”

After the markets close, online brokers will accept buy and sell orders to be executed the following day. I have often wondered whether brokers use that information, aggregated, to plan their own activities.