Payment for Order Flow (PFOF) is the compensation a brokerage firm receives to direct its customer orders for trade execution to a certain market maker. In a special study of PFOF, which was published ...

Robinhood’s zero-commission trading model came under scrutiny earlier this year during the WallStreetBets-fueled trading frenzy in GameStop Corp. (NYSE:GME) and other so-called “meme” stocks. The zero ...

During the House Financial Services Committee's Thursday hearing on the recent GameStop stock frenzy, there was talk of a practice known as "payment for order flow" (PFOF). To anyone not fluent in the ...

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 spread ...

Trading app Public stopped using payment for order flow and now says it's better for it. Some retail traders have petitioned for a ban on the practice, and regulators are considering it. In several ...

Payment for order flow is the money brokerage firms make by sending trade orders to high-frequency traders or market makers. When an individual investor places a trade, the brokerage firm sends the ...

There’s no such thing as a free lunch. You’ve likely heard this adage about how you can’t get something for nothing. Yet, some “free” things really do feel free. Ever signed up for a “free” trial?