“Payment for order flow enables commission-free trading,” said Robinhood chief executive Vlad Tenev during Congressional testimony in February 2021 following the Gamestop debacle.

Payment for order flow is a common practice in the investing world that lets retail brokers be paid by market makers, wholesalers and others in exchange their retail clients’ orders to buy and ...

Learn how payment for order flow (PFOF) affects crypto trading costs, its impact on strategies like high-frequency trading, and upcoming regulatory changes.

Gamifying trades? Payment for order flow has become enormously popular — and profitable — amid the retail investor frenzy augmented by the meme stock activity in early 2021.

Robinhod CEO said that he does not think payment for order flow model of market-maker routing that the firm incorporates in the US is under threat.

How Does Payment for Order Flow Work? The more order flow the market makers receive from the likes of Robinhood, the more profit they can generate from the bid-ask spread.

“Payment for order flow enables commission-free trading,” said Robinhood chief executive Vlad Tenev during Congressional testimony in February 2021 following the Gamestop debacle.