I don’t have a Robinhood account. I read they self clear. So I looked it up and saw this
“In 2018, we launched Clearing by Robinhood, our in-house clearing platform. Before this conversion, customers’ trades were cleared by Apex Clearing. Since the conversion, customers’ trades have been cleared by Robinhood Securities.”
thanks for that info
.....
somebody has to take the risk during the
two days between trade and settle.
who is that for RH?
nobody wants that risk