![]() ![]() ![]() It negotiates with dealers, or wholesalers, who own shares of many different stocks, to receive a cut of the bid/ask spread - the difference between what the person on one end of a stock trade is willing to sell that stock for, and how much the person on the other end of the trade is willing to pay to buy it. When its customers place a trade, Robinhood acts an intermediary, or broker.
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