> They might have some success because they put a slick interface over a shoddy backend, like Robinhood making a nice UI while farming out the actual clearing h

> They might have some success because they put a slick interface over a shoddy backend, like Robinhood making a nice UI while farming out the actual clearing house work to a third party because they don't understand it. Robinhood went self-clearing in 2018 and don’t “farm out” their clearing house work.