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

Payment for order flow (PFOF) is a system where exchanges or brokers route trades to specific market makers in exchange for a fee. PFOF can negatively affect high-frequency, arbitrage and day trading ...

Gary Gensler is being considered to be the next chairman of the Securities and Exchange Commission. He said the agency under his watch would at look ensuring investors get "best execution" for their ...