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 ...
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 enables commission-free trading,” said Robinhood chief executive Vlad Tenev during Congressional testimony in February 2021 following the Gamestop debacle. While everyday ...
Virtu Financial is highly cyclical, undiversified, and faces fierce competition from larger peers. Click here to read my ...
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 ...