I think the OP meant buying partial stock? afaik those are not real trades; robi... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		twolf910616 on Aug 3, 2022 \| parent \| context \| favorite \| on: Robinhood lays off 23% of staff I think the OP meant buying partial stock? afaik those are not real trades; robinhood has to house the trades on their books to some extent

bdlowery on Aug 3, 2022 | [–]

Every brokerage does that with fractional shares though. It’s not unique to Robinhood.

lokar on Aug 3, 2022 | [–]

DTCC holds shares. Everything else is just on brokerage books.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact