other
confidence low
sentiment neutral
materiality 0.10
Robinhood furnishes Q2 2023 Rule 606 order-routing reports for broker-dealer subs
Robinhood Markets, Inc.
- Reports cover April, May, June 2023 for Robinhood Financial LLC and Robinhood Securities LLC.
- All non-directed S&P 500, non-S&P 500, and options orders routed via Robinhood Securities.
- RHS passes 80% of payment-for-order-flow revenue to RHF under revenue allocation agreement.
- Fractional-share and dollar-based orders are excluded from these reports as discretionary orders.