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, ...
Stash CEO & Co-Founder Brandon Krieg joins Yahoo Finance Live to discuss expectations for the SEC's changes to payment for order flow and the outlook for the fintech industry. -FCC Chairman Gary ...
Payment for order flow (where market makers pay brokers to route orders for execution) and the duty of best execution (which requires a broker to seek the most favorable terms reasonably available for ...
As with Gamestop, I hesitated to write a payment for order flow post given that so much has been written about this already. But since it is a topic that comes up often, I thought I would share my ...
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 ...
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 ...
Asset bubbles are easy enough to define, but not so simple to identify. WSJ’s Gunjan Banerji explains what bubbles are exactly, how they form and what happens when they burst. Illustration: Jacob ...
Wall Street’s top cop said Tuesday that the dominance of Citadel Securities in the business of routing order flow may not be giving retail investors the best deal. Yahoo Finance's Brian Sozzi weighs ...
Recently, the SEC chairman, Gary Gensler sent shockwaves through the world of retail investing by stating that a full ban on the popular ‘payment for order flow’ (PFOF) operating model that enables ...
The U.S. Securities and Exchange Commission (SEC) is considering a full ban on the payment for order flow (PFOF). The reason is that this practice creates "an inherent conflict of interest," according ...
Former TD Ameritrade CEO Joe Moglia said banning payment for order flow would be a "disservice" to retail traders. Moglia said retail traders get everything for free on a trade except a "little spread ...
Gary Gensler, the chair of the Securities and Exchange Commission, called payment for order flow “an inherent conflict of interest.” By Matt Phillips Gary Gensler, the chair of the Securities and ...