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The Biggest Game Changer for Brokers

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The Biggest Game Changer for Brokers

Transcript

24 segments

0:00

I think this is the biggest game changer

0:02

I've ever seen for brokers like

0:04

Robinhood. I'm not even sure I can wrap

0:06

my head around how impactful algorithmic

0:09

trading is going to be for brokers like

0:11

Robinhood. So, it's way too early to

0:13

kind of fully figure this out because

0:16

I'm at this is so big. I'm still trying

0:18

to figure it out. But, if what I think

0:20

might happen happens, this could 100x

0:24

the trading volume for company like

0:26

Robinhood. This could completely change

0:28

the entire industry of online brokerage.

0:32

I mean, think about how algorithmic

0:33

trading works. You're not restricted by

0:35

what you as a human can do. You're

0:37

essentially saying that every human

0:39

customer that attempts to get in this

0:41

world can now have an infinite amount of

0:43

trading. I don't know how that works

0:45

with trade order flow. I don't know what

0:48

commissions look like. I I I don't know

0:50

how that's all going to play out. It

0:51

just feels really positive.

Interactive Summary

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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