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Everyone sells order flow. It’s: do you want sale of your order flow to be the only fee you pay or do you want to pay commissions on top of that, too?
by benmanns 5y ago
Everyone sells order flow. It’s: do you want sale of your order flow to be the only fee you pay or do you want to pay commissions on top of that, too?
- twobitshifter 5y agoThat’s not true. Fidelity does not receive pfof.
- benmanns 5y agoTheir 606 disclosure does have PFOF https://clearingcustody.fidelity.com/app/proxy/content?literatureURL=/9901886.PDF https://clearingcustody.fidelity.com/app/proxy/content?liter...
- twobitshifter 5y agoFirst I’ve heard that. I looked it up and this is for options not equity. https://www.spglobal.com/marketintelligence/en/news-insights/trending/IiJL9zOpAk76f_BrDunluA2 https://www.spglobal.com/marketintelligence/en/news-insights...