Diclet
03-13

how platforms like TIGR make money

Not a market maker, intermediary platforms like $Tiger Brokers(TIGR)$ depend heavily on their customer base. 

The peak in its profitability is achieved only when it is newly launched. There will only be newer and better platforms. 

Eventually, as 'wear and tear occurs', TIGR will see diminishing profits. This may push the platform to sell consumer and even trading data to major firms as a form of side income. It could even go as far as introducing slippage, and more to enhance its own profitability. This statement may or may not be true but things like network speed could play a part. It Is very logical for a platform to do so. As time passes, users may catch on with the quirks of a platform and lose trust in it, prompting them towards other major power aligned platforms.

 

Modified in.03-13
CPI 3.5%! Expect 2 or 3 Rate Cuts in 2024?
March headline CPI is 3.5%, higher than estimates of 3.4% and also the highest since September 2023. Core CPI is 3.8%, higher than estimates of 3.7%. Goldman Sachs expects only two rate cuts this year, with the first in July and the second in November. ------------- How do you expect rate cut in 2024? Will S&P start to pullback after hot inflation data? What's your target?
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Comments

  • 韭菜上路
    03-13
    韭菜上路
    diminishing returns is exaggerated.

    sometimes even hawkers that depends on neighbourhood returning businesses can earn more than some restaurants in prime district.

  • Hopehope赋予希望
    03-13
    Hopehope赋予希望
    t @Axekay @his is a shortseller co @rainboi @Changjieming @mmenting. @
  • Diclet
    03-13
    Diclet
    Diminishing return in the sense that investors that lose their orincipal sum will eventually leave or forget about the platform.
    • Diclet
      Or make less trade iver time
  • Hopehope赋予希望
    03-13
    Hopehope赋予希望
    shortseller commenting
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