ST Alpha - "They make zero money from zero commissions and their order flow data is worthless as long as this goes on. -- nm" (Reading a Post)

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In response to "They're about to lose a lot of customers -- nm" by Krusty

They make zero money from zero commissions and their order flow data is worthless as long as this goes on. -- nm

Posted by spamlet Jan 28 '21, 05:52

(No message)

Responses:

They make no money on people trading stocks? -- nm - Krusty Jan 28, 05:53 9
- pretty much nobody makes their money that way anymore -- nm - decline Jan 28, 05:58
- Not directly no. - spamlet Jan 28, 05:55 3
  - Thanks. Retail investing seems like a foolish idea for 99% of people -- nm - Krusty Jan 28, 06:02 2
    - *ding* -- nm - spamlet Jan 28, 06:12
    - There's a reason I tend to invest in ETFs and not individual stocks -- nm - ty97 Jan 28, 06:04
- That's part of why they are popular. - ty97 Jan 28, 05:55 3
  - Interesting -- nm - Krusty Jan 28, 06:01
  - The SEC probe is because they didn’t disclose the order flow revenue. Not that it’s illegal. - spamlet Jan 28, 05:56 1
    - yeah, I was just pasting a copy of their revenue system from wiki -- nm - ty97 Jan 28, 05:58

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