Payment-For-Order-Flow & The SEC's Plan To End It
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Efficient and resilient market structure is key to sustaining investor confidence and participation in the equity markets.
Popular zero-fee trading app, Robinhood (RBNHD), has been admired and vilified in equal measure. On one hand, it has been praised for helping introduce many younger investors to the art and science of wealth-creation through stock markets while, on the opposite side of the spectrum, it has been criticized as being instrumental in creating an era of ‘cult stocks’ and get-rich-quick pump-and-dump schemes. Yet, those could be the least of Robinhood’s concerns at the moment. Robinhood’s zero-app trading model is now facing severe criticism, and has even been compared with prominent int...