Robinhood's order flow disrupting equities and crypto market structure, with Paul Rowady of Alphacution
The Fintech Blueprint
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What's the Composition of the Revenue?
The company's revenue has been shifting toward crypto trading, especially as they listed doge coin and so on. The rates are driven largely by the liquidity of the security, the underlying security. We have a few new names that you're likely to be hearing about, certainly by alfocution. One is another very successful, legendary proprietary trading firm call jump trading based in chicago. In q two, they paid more for crypto orders to robin hood than citadel securities had ever paid for equities or options. That's a significant development. Ye tat's pretty incredible, really incredible. And what's also incredible is that there's no paper trail. It's only because i
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