“Payment for order flow enables commission-free trading,” said Robinhood chief executive Vlad Tenev during Congressional testimony in February 2021 following the Gamestop debacle. While everyday ...

The U.S. Securities and Exchange Commission (SEC) has said it could eliminate the business model that helps brokerages charge no fees on stock trades, but the founder of one brokerage says he doubts ...

Payment for order flow (PFOF) is a system where exchanges or brokers route trades to specific market makers in exchange for a fee. PFOF can negatively affect high-frequency, arbitrage and day trading ...

Virtu, one of the most active firms in the payment for order flow sector, has been hit with an enforcement by the Securities and Exchange Commission (SEC). According to the SEC’s allegations, Virtu ...

Robinhod (NASDAQ: HOOD) Chief Executive Officer Vlad Tenev recently said that he does not think that the payment for order flow (PFOF) model of market-maker routing that the firm incorporates in the ...