You Searched For "payment for order flow" and got 20 results
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6 mins read
How a free meal cost an investor his retirement savings
Fancy restaurants with presentations are a common practice in the industry, says one financial plan…
Laila Maidan  Â
2 mins read
Financial flows to Russia are drying up as global banks fear losing access to the US dollar, Treasury official says
"They started requesting meetings with us to say, 'What can we do to make sure that we keep access …
Filip De Mott  Â
3 mins read
The SEC is trying to reshape the US stock market - but that could mean retail investors will have to start paying fees on trades again
SEC Chairman Gary Gensler is proposing changes in how trades by retail investors are handled. That …
Carla MozĂ©e  Â
2 mins read
US stock brokers made $3.8 billion selling customer orders amid the meme-stock craze, with Charles Schwab edging out Robinhood with the most PFOF gains
Last year's windfall from payment for order flow was a 33% gain from the year prior, Bloomberg Inte…
Natasha Dailey  Â
2 mins read
Retail trading app Public says its delivering better pricing for customers since it abandoned payment for order flow — and has data to prove it
Public ended its use of payment for order flow in February this year. It argues that since doing so…
Natasha Dailey  Â
2 mins read
GOP Senator Toomey introduces bill to protect payment for order flow practice crucial to brokers like Robinhood as SEC eyes ban
Toomey said he has yet to hear back from the SEC as to how payment for order flow is harming retail…
Matthew Fox  Â
2 mins read
Robinhood could sink 22% this year as 'the big unlock' releases millions of shares into the market, JPMorgan says
JPMorgan gave Robinhood a $35 price target, a 22% decline from Tuesday's closing price.
Natasha Dailey  Â
2 mins read
The SEC is set to reveal proposals to transform the US stock market, such as by routing retail stock orders to auctions
Gary Gensler will lay out planned potential proposals, which could counter "payment for order flow"…
Zahra Tayeb  Â
1 min read
Robinhood calls potential payment for order flow ban 'draconian' as it fires back at SEC's Gary Gensler
Robinhood derived about 80% of its revenue from payment for order flow transactions in the second q…
Matthew Fox  Â
2 mins read
Robinhood tumbles 7% after SEC's Gary Gensler says ban of payment for order flow 'is on the table'
Robinhood listed a potential ban of the payment for order flow practice as a risk to its business i…
Matthew Fox  Â
3 mins read
Robinhood gets paid for each trade on its platform. Regulators are skeptical of the practice, but what retail traders think is more complicated.
Many retail investors see payment for order flow as just another example of companies selling consu…
Ethan Wu,Emily Graffeo  Â
3 mins read
'We can expect fireworks': 6 experts sound off on their expectations for Robinhood's hugely anticipated IPO
"I am struck by Robinhood's decision to reserve shares for their customers. This may be a strategy …
Isabelle Lee  Â
2 mins read
Robinhood's IPO presents 'alarming' risks for investors as regulators weigh a crackdown on the company's main source of revenue, says a veteran stock analyst
New Constructs CEO David Trainer said Robinhood's business model would be severely harmed if regula…
Emily Graffeo  Â
2 mins read
The SEC is reviewing changes to share trading after an explosion of interest in meme stocks, including the use of payment for order flow
Chair Gary Gensler said he asked the regulator's staff to submit recommendations on a range of mark…
Shalini Nagarajan  Â
2 mins read
Trading meme stocks like GameStop can mean billions in hidden costs for retail investors - reflecting how the equities market is broken in places, a markets chief says
"If you think of zero commissions, on paper it sounds great-trading was expensive and now it's free…
Shalini Nagarajan  Â
1 min read
Robinhood's biggest business tripled in the 1st quarter as Reddit-fueled day-trading ran wild
The trading app's payment for order flow generated $331 million in revenue in the first quarter, re…
Emily Graffeo  Â
2 mins read
Payment for order flow models "undermine the relationship between the broker and their client," Duke Law professor tells Congress
Duke Law Professor Gina-Gail S. Fletcher told Congress that payment for order flow models "undermin…
Will Daniel  Â
2 mins read
SEC chair nominee says he will evaluate payment for order flow practice at the heart of the GameStop saga
The nominee to be the next SEC head says he wants the agency to evaluate the practice, which came i…
Carla MozĂ©e  Â
1 min read
Ending payment for order flow would be a 'disservice' to retail traders, says former TD Ameritrade chief
Former TD Ameritrade CEO Joe Moglia told Bloomberg News the retail crowd gets everything for free o…
Natasha Dailey  Â
1 min read
SEC chief flags risks of predictive AI in online brokers and robo advisors as agency weighs crackdown, report says
"The predictive-data analytics also raises a number of important challenges: conflicts of interest,…