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mapoulin avatar mapoulin commented on July 24, 2024 1

https://www.bloomberg.com/news/articles/2018-10-15/robinhood-gets-almost-half-its-revenue-in-controversial-bargain-with-high-speed-traders?sref=6mD1XEn8

Robinhood's business model appears to be based on selling this market data to high-frequency trading firms. Hardly surprising that these firms paying millions of dollars for this information wanted to keep this private.

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graphcoole avatar graphcoole commented on July 24, 2024

Google: https://fortune.com/2020/08/10/robinhood-popularity-data-robintrack-stock-market-trading-tracker/

Robinhood will no longer share stock ‘popularity data’ with sites like Robintrack

In a recent interview with Fortune, the site's creator, Casey Primozic, [...].
Primozic confirmed to Bloomberg on Friday that he was shutting down the site, saying Robinhood decided to cut off the data over concerns that "other people"—presumably including Robintrack—were using the data in ways that could mischaracterize the company as pandering to day traders.

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theShiva avatar theShiva commented on July 24, 2024

Yes. Robinhood killed the data feed.

They must've caved to outside pressure from the Big Boys on Wall Street. Too bad, cos Robin Hood is like the only Brokerage that is was democratizing the data in an Industry notorious for being secretive and hoarding what should otherwise be publicly available FREE data.

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