There’s no such thing as a free lunch. You’ve likely heard this adage about how you can’t get something for nothing. Yet, some “free” things really do feel free. Ever signed up for a “free” trial?

Stock trades are free these days at most online brokers. But where and how your trade is filled can impact your purchase price. And “it all happens in a flash,” says Jeff Chiappetta, vice president of ...

Robinhood’s zero-commission trading model came under scrutiny earlier this year during the WallStreetBets-fueled trading frenzy in GameStop Corp. (NYSE:GME) and other so-called “meme” stocks. The zero ...

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 ...

Ban payment for order flow on Wall Street? Fat chance! That is essentially the view of Thomas Peterffy, founder and chairman of Interactive Brokers Group Inc. IBKR., on the challenges that the ...

From a trade surveillance perspective, it can be difficult to identify where a firm’s responsibility for monitoring the order flow of direct market access starts and where it ends. Understanding ...

Coalition Greenwich report found that almost half of equity traders see proposed changes to payment for order flow (PFOF) as the most important ongoing regulatory initiative. Amidst the host of ...

Broker crossing networks will be banned and various new trading venues are entering the scene in 2018, so where the order flow will go and who will be the winners and losers, asks Hayley McDowell. The ...

During the House Financial Services Committee's Thursday hearing on the recent GameStop stock frenzy, there was talk of a practice known as "payment for order flow" (PFOF). To anyone not fluent in the ...

Payment for order flow is the money brokerage firms make by sending trade orders to high-frequency traders or market makers. When an individual investor places a trade, the brokerage firm sends the ...