Morningstar

What Is Payment for Order Flow?

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?
Newsweek

What Is ‘Payment for Order Flow’? Robinhood CEO Talks ‘PFOF’ in GameStop Hearing

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 ...
Nasdaq

Robinhood: Why You Need to Understand Payment for Order Flow

If you're a curious observer of Robinhood Markets' (NASDAQ: HOOD) recent initial public offering, you've likely heard the term "payment for order flow." Market pundits continue to debate whether it ...
Business Insider

Retail trading app Public says its delivering better pricing for customers since it abandoned payment for order flow — and has data to prove it

Trading app Public stopped using payment for order flow and now says it's better for it. Some retail traders have petitioned for a ban on the practice, and regulators are considering it. In several ...
Business Insider

GOP Senator Toomey introduces bill to protect payment for order flow practice crucial to brokers like Robinhood as SEC eyes ban

Senator Pat Toomey introduced a bill to limit the SEC's ability to ban payment for order flow on Thursday. PFOF has been crucial to brokerage firms like Robinhood, as it enables commission-free ...