“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 ...
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 ...
The European Union has reached a provisional deal Thursday to introduce a general ban on payment for order flow (PFOF), which must be phased out by June 30, 2026. In the U.S., Securities and Exchange ...
Robinhod (NASDAQ: HOOD) Chief Executive Officer Vlad Tenev recently said that he does not think that the payment for order flow (PFOF) model of market-maker routing that the firm incorporates in the ...
The US Securities and Exchange Commission (SEC), Investor Advisory Committee (IAC), has scheduled its next meeting to take place on March 7th. One of four advisory committees, the IAC aims to provide ...
The International Securities Exchange last week increased its payment for order flow (PFOF) fees to 65 cents per contract from 55 cents per contract to remain competitive. Additionally, for the first ...
TORONTO (Reuters) - Canadian securities regulators, worried the domestic market is losing too much liquidity to non-transparent markets in the United States, wants to resurrect rules drafted three ...