UNLOCKED: Premium MasterClass Pay for Order Flow

How RobinHood Robs Retail

HouseKeeping:We’ve picked up a bunch of Founder Subscribers for which we are grateful. Founders also will have full access to Masterclass Archives starting next week.

Premium MasterClass: Pay for Order Flow

On Sunday's 3 p.m. to 5 p.m. GoldFix offers Founding Members a masterclass on markets. Topics range from  market structure, to Bitcoin, to understanding complex concepts discussed on Zerohedge (like  RRPs), SpotGamma (Short Squeeze dynamics), and some Crypto concepts. Much  of the Masterclass content is in response to questions asked during the week by Founders. And  those are frequently about the concepts ZH brings up. When Robinhood was "robbing" its clients last summer, people asked  for help understanding the problem. Here is that discussion unlocked for public use.

How RobinHood "Robs" Retail

How the “Pay for Order Flow (PFOF) business tactic undermines the free market system.

1. History- evolution and origins  of PFOF from 1999 to present day. With lived through examples

2. Legitimacy- where it is warranted, and where  it is not

3. Moral Hazard- the present day license to steal behavior

4. RobinHood- How it disencentivizes pricing and fairness.. and abuses the public trust

This is a 2 hour University level discussion with VBL and Founder subscribers from August 1st. Using career examples, market structure knowledge, and current events, VBL shows how the PFOF model has evolved from 1999 through today. “It is eye-opening” as one person said afterwards.

• PODCAST:

• https://us02web.zoom.us/rec/share/mtMemLwWrX5AcGyOx5eXP_l9ES1mbVndpNjlNavozofXclQw1RE3tDRZuScCJY-J.Y81BtEj6ReDWyhHJ?startTime=1627844612000

  Passcode: pfof8/1/21

This class is long, detailed, and responsive to questions as the GoldFix community had asked.It should clear up gaps in understanding of the practice's mechanics. Enjoy

Additional Slides

ZEROHEDGE: Payment For Order Flow & The Fleecing Of The Retail Investor

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