Timeline for Why can Robinhood offer trading without commissions?
Current License: CC BY-SA 3.0
3 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Mar 6, 2022 at 19:30 | comment | added | Bob Baerker | Brokers do not set the bid/ask spread. The market maker posts his bid and ask prices and any trader (retail or professional) can place a higher bid or a lower ask, becoming the market on that side (or even both sides with equities but not options). | |
| Oct 9, 2015 at 1:27 | comment | added | user27684 | Can you cite your claim? It seems like it has to be against the exchange's rules to have a broker adding their own spread to an order. | |
| Oct 8, 2015 at 3:35 | history | answered | user9722 | CC BY-SA 3.0 |