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 ...

Payment for order flow is a common practice in the investing world that lets retail brokers be paid by market makers, wholesalers and others in exchange their retail clients’ orders to buy and sell ...

Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 exam holder, and currently holds a Life, Accident, and Health License in Indiana. He has 8 years experience in finance, from ...

Robinhood, the uber-popular brokerage, helped usher in a new era of commission-free trading. It pushed established financial institutions, such as Charles Schwab and Fidelity, to follow suit. Sadly, ...

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 ...

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 ...

As Gary Gensler’s expected confirmation as head of the SEC approaches, Charles Schwab is gearing up for his impending regulatory agenda, and in particular, how the regulator may handle payment for ...

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 ...

Senator Pat Toomey introduced a bill to limit the SEC's ability to ban payment for order flow on Thursday. PFOF has been crucial to brokerage firms like Robinhood, as it enables commission-free ...

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?