scorecard

You Searched For "payment for order flow" and got 20 results


Sort By:


Business Insider Latest Story Image
2 mins read

Financial flows to Russia are drying up as global banks fear losing access to the US dollar, Treasury official says

"They started requesting meetings with us to say, 'What can we do to make sure that we keep access …

Filip De Mott   


Business Insider Latest Story Image
3 mins read

The SEC is trying to reshape the US stock market - but that could mean retail investors will have to start paying fees on trades again

SEC Chairman Gary Gensler is proposing changes in how trades by retail investors are handled. That …

Carla Mozée   


Business Insider Latest Story Image
3 mins read

Hush-money prosecutors say Trump's gag order should no longer protect Michael Cohen and Stormy Daniels — but want to keep other parts of it

Manhattan DA prosecutors warned that Donald Trump could still be liable for harassment and defamati…

Jacob Shamsian   


Business Insider Latest Story Image
2 mins read

US stock brokers made $3.8 billion selling customer orders amid the meme-stock craze, with Charles Schwab edging out Robinhood with the most PFOF gains

Last year's windfall from payment for order flow was a 33% gain from the year prior, Bloomberg Inte…

Natasha Dailey   


Business Insider Latest Story Image
2 mins read

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

Public ended its use of payment for order flow in February this year. It argues that since doing so…

Natasha Dailey   


Business Insider Latest Story Image
2 mins read

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

Toomey said he has yet to hear back from the SEC as to how payment for order flow is harming retail…

Matthew Fox   


Business Insider Latest Story Image
2 mins read

The SEC is set to reveal proposals to transform the US stock market, such as by routing retail stock orders to auctions

Gary Gensler will lay out planned potential proposals, which could counter "payment for order flow"…

Zahra Tayeb   


Business Insider Latest Story Image
2 mins read

Robinhood could sink 22% this year as 'the big unlock' releases millions of shares into the market, JPMorgan says

JPMorgan gave Robinhood a $35 price target, a 22% decline from Tuesday's closing price.

Natasha Dailey   


Business Insider Latest Story Image
1 min read

Robinhood calls potential payment for order flow ban 'draconian' as it fires back at SEC's Gary Gensler

Robinhood derived about 80% of its revenue from payment for order flow transactions in the second q…

Matthew Fox   


Business Insider Latest Story Image
2 mins read

Robinhood tumbles 7% after SEC's Gary Gensler says ban of payment for order flow 'is on the table'

Robinhood listed a potential ban of the payment for order flow practice as a risk to its business i…

Matthew Fox   


Business Insider Latest Story Image
3 mins read

Robinhood gets paid for each trade on its platform. Regulators are skeptical of the practice, but what retail traders think is more complicated.

Many retail investors see payment for order flow as just another example of companies selling consu…

Ethan Wu,Emily Graffeo   


Business Insider Latest Story Image
3 mins read

'We can expect fireworks': 6 experts sound off on their expectations for Robinhood's hugely anticipated IPO

"I am struck by Robinhood's decision to reserve shares for their customers. This may be a strategy …

Isabelle Lee   


Business Insider Latest Story Image
2 mins read

Emily Graffeo   


Business Insider Latest Story Image
2 mins read

The SEC is reviewing changes to share trading after an explosion of interest in meme stocks, including the use of payment for order flow

Chair Gary Gensler said he asked the regulator's staff to submit recommendations on a range of mark…

Shalini Nagarajan   


Business Insider Latest Story Image
2 mins read

Shalini Nagarajan   


Business Insider Latest Story Image
1 min read

Robinhood's biggest business tripled in the 1st quarter as Reddit-fueled day-trading ran wild

The trading app's payment for order flow generated $331 million in revenue in the first quarter, re…

Emily Graffeo   


Business Insider Latest Story Image
2 mins read

Payment for order flow models "undermine the relationship between the broker and their client," Duke Law professor tells Congress

Duke Law Professor Gina-Gail S. Fletcher told Congress that payment for order flow models "undermin…

Will Daniel   


Business Insider Latest Story Image
2 mins read

SEC chair nominee says he will evaluate payment for order flow practice at the heart of the GameStop saga

The nominee to be the next SEC head says he wants the agency to evaluate the practice, which came i…

Carla Mozée   


Business Insider Latest Story Image
1 min read

Ending payment for order flow would be a 'disservice' to retail traders, says former TD Ameritrade chief

Former TD Ameritrade CEO Joe Moglia told Bloomberg News the retail crowd gets everything for free o…

Natasha Dailey   


Business Insider Latest Story Image
1 min read

SEC chief flags risks of predictive AI in online brokers and robo advisors as agency weighs crackdown, report says

"The predictive-data analytics also raises a number of important challenges: conflicts of interest,…

Isabelle Lee