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Cars and Cappuccino
Join Date: Nov 2011
Location: NorCar (North Carolina)
Posts: 5,242
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Quote:
Originally Posted by Arizona_928
How about Robin hood not allowing the sell or buying of gme...
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They've only stopped the buying, never the selling. Now they're limiting the size of buys starting tomorrow morning. at what size? who knows? What ever Citadel allows them to offer would be my guess.
RH's whole business model is premised on monetizing their clients trades under the guise of being a "free" trading platform via PFOF (payment for order flow). Here's the dirty secret, they aren't the only ones. Virtually all (save one) of other large retail brokers do it too. But it is hard to understand/explain. This article lays it out pretty clearly, but it is more than a 3 minute read.
https://www.stockbrokers.com/guides/order-execution
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1987 Grand Prix White "Outlaw" Turbo Coupe w/go-fast bits
1985 Prussian Blau M491 Targa
1977 Mexico Blue back-dated,flared,3.2,sunroof-delete Coupe
1972 Black 911 T Coupe to first factory Turbo (R5 chassis) tribute car (someday)
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