This Dividend Stock Just Got Good News: Should You Buy the Dip?
Robinhood was one of the first to offer commission-free trading, and in 2019 several online brokerages -- like Charles Schwab, E*Trade, and TD Ameritrade -- followed suit. Commission-free trading was possible because brokers began routing trades through companies known as market makers, which handle orders and take a few pennies on every order they handle. This would have crushed market makers like Virtu Financial (NASDAQ: VIRT).