Robinhood Switches TO Crypto Trade Execution Services

Robinhood Switches TO Crypto Trade Execution Services

Robinhood Markets Inc has turned to Jump Trading LLC (a Chicago based trading firm) to cut cost on trade execution services through outsourcing. A Robinhood spokesperson reportedly told that, “The trading app outsources order executions to multiple trading venues, which can include exchanges, brokers, market-makers or over-the-counter trading desks. These rebates help us cover the costs of operating our business and offer you commission-free trading”

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