The Biggest Game Changer for Brokers
24 segments
I think this is the biggest game changer
I've ever seen for brokers like
Robinhood. I'm not even sure I can wrap
my head around how impactful algorithmic
trading is going to be for brokers like
Robinhood. So, it's way too early to
kind of fully figure this out because
I'm at this is so big. I'm still trying
to figure it out. But, if what I think
might happen happens, this could 100x
the trading volume for company like
Robinhood. This could completely change
the entire industry of online brokerage.
I mean, think about how algorithmic
trading works. You're not restricted by
what you as a human can do. You're
essentially saying that every human
customer that attempts to get in this
world can now have an infinite amount of
trading. I don't know how that works
with trade order flow. I don't know what
commissions look like. I I I don't know
how that's all going to play out. It
just feels really positive.
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The speaker explores the revolutionary potential of algorithmic trading for retail brokerage platforms like Robinhood, suggesting it could exponentially increase trading volume and reshape the online brokerage industry by removing human limitations.
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