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Do you have a link for that? From their FAQ, here's their (admittedly not super clear) answer to "How does Robin Hood Make Money?": Robinhood will offer margi
by webwright 12y ago
Do you have a link for that? From their FAQ, here's their (admittedly not super clear) answer to "How does Robin Hood Make Money?":
Robinhood will offer margin trading as well as API access, which will allow partnered developers to build applications in conjunction with Robinhood. Robinhood will also receive remuneration for providing trade volume in certain markets. In the future, we plan to offer premium services for active investors.
"Robinhood will offer margin trading as well as API access, which will allow partnered developers to build applications in conjunction with Robinhood. Robinhood will also receive remuneration for providing trade volume in certain markets. In the future, we plan to offer premium services for active investors.
Robinhood is venture-funded by Google, Andreessen Horowitz and many others, which affords us the freedom to focus on building a wonderful brokerage experience rather than short-term profits.
- slykat 12y agoSee the comment by chollida1 in another part of the thread: https://news.ycombinator.com/item?id=8358217 https://news.ycombinator.com/item?id=8358217 "They get paid to sell your orders to Knight Capital, Lava and Credit Suisse.."