4 ms·
PFOF is banned in Canada: https://www.gbm.scotiabank.com/content/dam/gbm/market-insights/etf/october/2019-10-02-Free-Trading.pdf https://www.gbm.scotiabank.com/
by getToTheChopin 6y ago
PFOF is banned in Canada: https://www.gbm.scotiabank.com/content/dam/gbm/market-insights/etf/october/2019-10-02-Free-Trading.pdf https://www.gbm.scotiabank.com/content/dam/gbm/market-insigh...
PFOF creates huge conflicts of interest between brokers and market markers.
That is why RH was fined $65M by the SEC.
https://www.sec.gov/news/press-release/2020-321 https://www.sec.gov/news/press-release/2020-321