Robinhood has sounded the alarm to investors about potential risks to its business model related to increased regulatory scrutiny of cryptocurrencies and payment for order flow (PFOF), a payment ...
SEC Chairman Gary Gensler has expressed concern that payment for order flow may create conflicts of interest for online trading apps and has hinted the agency may consider ending it. A leading Capitol ...
Nick Chandi is the CEO of Forwardly, an award-winning B2B payment platform that helps US businesses send and receive payments faster. When you start a business, the excitement of chasing new customers ...
Payment for order flow became less lucrative for brokerages as their customers got less active over the past year, bruised by the market downturn and distracted from their trading apps by ...
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 ...