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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