Robinhood's order flow disrupting equities and crypto market structure, with Paul Rowady of Alphacution
The Fintech Blueprint
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The Transparency of the Cryptocurrency Market Maker
Crypto has a lot of market makers. But for firms that are structured like robin hood, or maybe youno, like a paypal or a square, where they're going to be working with a third party to provide the crypto side of the equation, that's just tracts between private companies. So there's a very heated debate about best execution and the fact that this retail order flow is not part of the tape speak. It's not represented in the flow of bids and offers in the consolidated market for any of the us Securities that are being traded.
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