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  • 3 hours ago
When you tap BUY on your phone, Apple receives $0.00. You are buying a used asset on the secondary market through quantitative market makers like Citadel, while Cede & Co. holds the legal title.

00:00 The Buy Button Illusion
00:06 Secondary Market Mechanics
00:16 Market Makers & The Bid-Ask Spread
00:25 The Cede & Company Secret
00:36 The Central Clearinghouse
00:45 The Full 18-Minute Masterclass

Watch the full 18-minute documentary on The Money Formula channel!
Category: News / Business & Finance
Transcript
00:00When you buy a share of Apple on your phone,
00:02Apple never sees a single penny of your money.
00:06The stock market is not a store where money flows to the producer.
00:11You are buying a used asset from an anonymous investor on the secondary market.
00:16Your order routes through private market makers like Citadel,
00:19who harvest microscopic pennies on the bid-ask spread across billions of trades.
00:25And legally speaking, your name is not even on Apple's corporate registry.
00:30It is held by Seed & Company,
00:32an obscure entity that holds legal title to American capitalism.
00:36Behind the scenes, the central clearinghouse steps in to guarantee
00:40that every buyer gets shares and every seller gets cash.
00:45We broke down the full 18-minute masterclass in our pinned breakdown below.
00:49Click the link right now to learn how the financial machine works,
00:53or keep doom-scrolling and stay broke.
00:55We are the Money Formula, where future millionaires come to motivate.

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