Its both, they don't want to pay for extra features and they also get paid to sell your trade before you make it, so that if an algo sees everyone's about to dump a stock, they sell first, getting the better price. It's called payment for order flow.
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u/WheelerDan Aug 17 '24
Its both, they don't want to pay for extra features and they also get paid to sell your trade before you make it, so that if an algo sees everyone's about to dump a stock, they sell first, getting the better price. It's called payment for order flow.