DiscoverFat Tailed Thoughts#31 - Payment for Order Flow
#31 - Payment for Order Flow

#31 - Payment for Order Flow

Update: 2022-06-15
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Today's discussion is on payment for order flow. Ever wonder why stock trading on Robinhood and other brokerage platforms is free? They're selling your orders to third parties like Citadel and Virtu. It's free because we're the product. The SEC is proposing new rules that would effectively end the business model as we know it, but the changes introduce their own challenges that may be even worse for investors.


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#31 - Payment for Order Flow

#31 - Payment for Order Flow

Jared Klee & Steven Dickens