Robinhood is making more money per trade than rival brokerages as millennials rush into day-trading

Business Insider

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· *Robinhood made more per stock trade in the first quarter than TD Ameritrade, Charles Schwab, and E-Trade, Piper Sandler said in a note to clients.*
· *The relatively young discount brokerage took in $0.0024 per equity trade over the period. The lofty rate allowed Robinhood to make the second-most amount of money in stock...

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