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I was asked why do I believe ๐๐ค๐๐๐ฃ๐๐ค๐ค๐ (๐๐) will be listing $SHIB of all the #dogecoin copycat meme tokens?
... a thread ๐งต
It's quite simple:
1) If you understand how RH makes money, which is ๐ฉ๐๐ฒ๐ฆ๐๐ง๐ญ ๐๐จ๐ซ ๐จ๐ซ๐๐๐ซ ๐๐ฅ๐จ๐ฐ (๐๐ ๐๐ ). Here's how it works:
... a thread ๐งต
It's quite simple:
1) If you understand how RH makes money, which is ๐ฉ๐๐ฒ๐ฆ๐๐ง๐ญ ๐๐จ๐ซ ๐จ๐ซ๐๐๐ซ ๐๐ฅ๐จ๐ฐ (๐๐ ๐๐ ). Here's how it works:
2โฃ A broker sends a commission-free retail trade to a wholesaler or market maker instead of sending trades to the traditional stock exchanges bc market makers say they can provide better prices.
I was once a ๐ถ๐ช๐ป๐ด๐ฎ๐ฝ ๐ถ๐ช๐ด๐ฎ๐ป and there is ๐๐๐ฃ๐๐๐๐ illegal about this.
I was once a ๐ถ๐ช๐ป๐ด๐ฎ๐ฝ ๐ถ๐ช๐ด๐ฎ๐ป and there is ๐๐๐ฃ๐๐๐๐ illegal about this.
3โฃ So, how does RH really make money? PFOF is the compensation. Pays as much as 1 penny/share, which RH can receive from a market maker in exchange for routing trades to that market maker. It is a controversial practice that has been called a "kickback".
Kickbacks in America!๐
Kickbacks in America!๐
