Robinhood CEO calls for changes to exchange pricing rules
https://www.reuters.com/article/us-usa-stocks-robinhood-exchange/robinhood-ceo-calls-for-changes-to-exchange-pricing-rules-idUSKCN2E028L
U.S. securities rules should be changed to allow stock exchanges to quote bids and offers in price increments of less than a penny so they can better compete with wholesale brokerages for retail orders, Robinhood Chief Executive Officer Vlad Tenev said on Thursday.
Robinhood CEO calls for changes to exchange pricing rules
Jun 24, 2021, 6:35pm UTC
https://www.reuters.com/article/us-usa-stocks-robinhood-exchange/robinhood-ceo-calls-for-changes-to-exchange-pricing-rules-idUSKCN2E028L
>U.S. securities rules should be changed to allow stock exchanges to quote bids and offers in price increments of less than a penny so they can better compete with wholesale brokerages for retail orders, Robinhood Chief Executive Officer Vlad Tenev said on Thursday.