Now that almost every brokerage has followed in the footsteps of Robinhood and adopted commission-free trading, how do these companies make money? One main source of revenue is from a small sum of ...

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, ...

WASHINGTON (HedgeWorld.com) - Harvey Pitt, the outgoing chairman of the Securities and Exchange Commission, addressed his concerns on payment for order flow in a letter to the options exchanges.

High Frequency Traders (HFTs) like Citadel are catching considerable flack in the wake of the GameStop phenom. HFTs are blamed for adding an unnecessary cost, payments for order flow, to retail ...

The old way a financial brokerage made money was to charge a fee whenever someone bought or sold stock. A company like TD Ameritrade or Charles Schwab would charge $4.95 or $6.95 (or whatever) in ...

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 ...

In January 2021, the GameStop trading halt exploded across the headlines. Consumer advocates and the financial press pointed fingers at a number of industry players, paying particular attention to the ...

Doug Cifu, chief executive of Virtu Financial, the market maker, broker and technology provider, defended payment for order flow as retail investors receive price improvement and the business model ...

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 ...

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 ...

If you're a curious observer of Robinhood Markets' (NASDAQ: HOOD) recent initial public offering, you've likely heard the term "payment for order flow." Market pundits continue to debate whether it ...

If you buy something from a Verge link, Vox Media may earn a commission. See our ethics statement. is a reporter who writes about tech, money, and human behavior. She joined The Verge in 2014 as ...