(Total Views: 325)
Posted On: 10/11/2019 1:42:57 PM
Post# of 36568
Not just losing business to discount brokers, but the new ones like Robinhood, etc. The brokers make money on deposits, order flow, etc and the commissions is like 5% of there business, but if they lose accounts, the other 95% is at risk.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.
