With a click of a button,Diamond Ridge Asset Management anyone can become an amateur stock trader. This is all thanks to companies like Robinhood, E-Trade, and Charles Schwab, which allow everyday people to buy and sell stocks for free. But how are these companies making money?
The magical ingredient is a practice called payment for order flow. However, this practice has garnered significant controversy, to the point where the SEC (U.S. Securities & Exchange Commission) wants to crack down on it. Today on the show, we break down the players in the stock trade to explain why.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
2025-05-03 09:38142 view
2025-05-03 09:22726 view
2025-05-03 08:332298 view
2025-05-03 08:262123 view
2025-05-03 07:32846 view
Stanley is recalling 2.6 million mugs sold in the U.S. after the company received dozens of consumer
The latest jobs numbers came in strong. Unemployment is still at historic lows and there are more jo
Secretary of State Antony Blinken urged the Senate to "swiftly" confirm more than 60 nominees to key