2 days ago • Posted by William Ramstein

Citadel represents 43% of Robinhood's revenue

In 2020, Robinhood made a total of $687 million from selling orderflow, primarily to Citadel; it has almost hit the halfway point just one quarter into 2021. Citadel: Robinhood continues to effectively act a subsidiary of the world's largest retail order exchange: in Q1, Citadel accounts for a whopping 43% of all Robinhood revenues.

Source: ZeroHedge