Y
Hacker News
new
|
ask
|
show
|
jobs
by
qeternity
1516 days ago
> and even frontrun their customers.
Oh ffs no they don’t.
1 comments
metadat
1516 days ago
I thought RobinHood helped Citadel front run the orders?
See
https://www.washingtonpost.com/business/2021/01/29/robinhood...
link
ac29
1515 days ago
Payment for order flow is not front running (which is illegal).
link
mushbino
1515 days ago
What is the order flow used for?
link
colinmhayes
1514 days ago
Citadel believes that they are less likely to lose money when they fill orders from retail investors. They're just paying for access to rubes, basically a finders fee.
link
See https://www.washingtonpost.com/business/2021/01/29/robinhood...