
Robinhood's order flow disrupting equities and crypto market structure, with Paul Rowady of Alphacution
The Fintech Blueprint
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Robin Hood Traffics Odd Lots, Right?
Robin hood is a large market maker that's able to pull out retail liquidity, retail rading, from the kind of the lit markets. In essence, you know, when they're interacting with the traditional markets, the traditional markets are worse off. These are tiny on millions of tiny, little accounts. So it's trafficking in odd lots, if not one lots, and all of that pur the rules, doesn't even hit the tape. It's hidden liquidity.
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