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By rerouting trading orders through major brokerages, companies like Robinhood can offer traders ‘commission-free’ trading, which is no such thing. In reality, the traders have become the product.
Decentralized exchange (DEX) dYdX said it bought Pocket Protector, a social-trading startup known for its Telegram-based ...
A surge in trading during the first quarter lifted profits for Robinhood Markets beyond Wall Street’s expectations. The brokerage reported diluted earnings per share of 37 cents, a 106% year ...
Klarna wants a team to build a stock-trading tool to compete with Robinhood, per an internal note. Klarna said it was "exploring this concept" and might decide not to take it to market.