Game Stopped? Who who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide
Within the first US congressional hearing relating to the Game Stop controversy, Robin hood’s business model was critiqued, while Warren Davidson, the Representative for Ohio, referenced the DTCC’s Project Ion, which explores the use of blockchain technology to improve the efficiency of payment and settlement functions within financial markets.
Discuss whether the widespread adoption by retail brokerages such as Robin hood of a payment-for-order-flow model, along with the proliferation of dark pools, represents a fundamental restructuring of financial markets relative to the commission-based brokering model involving execution of orders through public exchanges.
