Payment order flow has had a spiral effect where it just made it really, really easy to trade and actively trade. I think that it does benefit the market makers and the high frequency trading firms.

Markets are a means, not an end. Access to investing, therefore, is a means to achieving an outcome. The debate around payment for order flow seems to have lost that critical point, centering on ...

Retail investors have had a monumental reduction in commissions.” Payment for order flow arrangements can be improved, Cifu noted. He suggested enhancing actionable information provided to investors, ...

Payment for order flow (where market makers pay brokers to route orders for execution) and the duty of best execution (which requires a broker to seek the most favorable terms reasonably available for ...

Robinhood does the same by way of payment for order flow. Its main customers aren’t the people who download its app, but the market-makers who fill those people’s orders.

Payment for Order Flow (PFOF) schemes are falling under increasing regulatory scrutiny for a very simple reason. Intermediaries pay for retail order flow because it is valuable. It is valuable ...

Former TD Ameritrade CEO Joe Moglia said banning payment for order flow would be a "disservice" to retail traders. Moglia said retail traders get everything for free on a trade except a "little ...

He added that payment-for-order flow actually costs his firm money, a point that Ken Griffin, who leads Citadel Securities, has also raised.

SEC Chairman Gary Gensler says his agency is studying whether payment for order flow (PFOF) should be prohibited in order to promote greater market transparency.

The revenue generated from the payments brokerage firms receive for guaranteeing this order flow has allowed online brokers to run commission-free models to attract more custom.

Through a process called payment for order flow, or PFOF, Robinhood and other brokers receive compensation for routing their orders to specific wholesalers.