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You can tell by how there is pretty much zero mention of the fact that this is an industry wide practice which every single brokerage does the strong bias of th
by lawrenceyan 8y ago
You can tell by how there is pretty much zero mention of the fact that this is an industry wide practice which every single brokerage does the strong bias of this article. Except with other brokerages too by the way, they’re also charging you another $4.95 for their “services” they’ve provided.
Now just because payment for order flow is done by every brokerage doesn’t mean it’s necessarily okay to do in my opinion. I have some qualms about it, but the issues are complex. The market makers brokerages route their orders provide liquidity and stability that without their existence would result in a far more volatile market.