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Robinhood has brought in more than $453 million in order flow payments this year as it eyes a potential IPO

Robinhood has brought in more than $453 million in order flow payments this year as it eyes a potential IPO

Quick Take

  • Robinhood has raked in nearly half a billion this year from payment for order flow. 
  • The amount represents a slight increase from the previous quarter.
  • A surge in retail trading has made 2020 a landmark year as the firm eyes a potential IPO in 2021.

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Author: Frank Chaparro