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Robinhood has brought in more than $453 million in order flow payments this year as it eyes a potential IPO
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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.
Millennial-friendly crypto and stock brokerage Robinhood has generated nearly half a billion dollars in order flow payments in 2020.
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