PFOF allows brokers to offer commission-free trades by routing orders to market makers. Investors often receive better prices than the NBBO via market maker payments. Critics argue PFOF may prevent ...

The US Securities and Exchange Commission will stop short of banning payment for order flow, a controversial way to process retail stock trades, as it proposes new rules for the $48 trillion American ...

Payment for order flow became less lucrative for brokerages as their customers got less active over the past year, bruised by the market downturn and distracted from their trading apps by ...