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loss leader – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Tue, 18 Sep 2018 07:50:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png loss leader – DIGIT INFO https://www.digit.info 32 32 Robinhood Accused of Taking from Younger Investors to Benefit Wall Street Traders https://www.digit.info/robinhood-accused-of-taking-from-younger-investors-to-benefit-wall-street-traders/ Tue, 18 Sep 2018 07:50:01 +0000 https://www.digit.info/2018/09/18/robinhood-accused-of-taking-from-younger-investors-to-benefit-wall-street-traders/ Read more]]>

Robinhood Accused of Taking from Younger Investors to Benefit Wall Street TradersJournalist Logan Kane of Seeking Alpha conducted a deep dive on the practices of popular stock and cryptocurrency trading smartphone application Robinhood. According to Mr. Kane, “it seems that today’s Robinhood takes from the millennial and gives to the high-frequency trader. Not only does Robinhood accept payment for order flow, but on a back-of-the-envelope calculation, […]

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Since Embracing Bitcoin, Robinhood App Value Jumps to $5.6 Billion https://www.digit.info/since-embracing-bitcoin-robinhood-app-value-jumps-to-5-6-billion/ Fri, 16 Mar 2018 18:35:37 +0000 https://www.digit.info/2018/03/16/since-embracing-bitcoin-robinhood-app-value-jumps-to-5-6-billion/ Read more]]>

Since Embracing Bitcoin, Robinhood App Value Jumps to $5.6 BillionIn just three years, Robinhood Financial LLC has exploded. It gained traction as a free stock trading smartphone application (app). At the start of this year, they announced incorporation of bitcoin and ether trading, using free trades as a loss leader to gain customers. The model seems to be working, as the Wall Street Journal […]

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