2 ms·
You are mistaken. Other brokers also sold order flow [1] but not all. [1]: https://www.investopedia.com/terms/p/paymentoforderflow.asp https://www.investopedia
by jmyeet 5y ago
You are mistaken. Other brokers also sold order flow [1] but not all.
[1]: https://www.investopedia.com/terms/p/paymentoforderflow.asp https://www.investopedia.com/terms/p/paymentoforderflow.asp
- kasey_junk 5y agoI’m sorry I’m not sure what you think the link says but it doesn’t contradict me. I did a manual audit of the top 10 US brokers in 2019 and all of them participated in PFOF. The only caveats we’re that IB let you pay to opt out and Vanguard only engaged in PFOF in options. Every other broker I looked at used PFOF. Admittedly there could have been small brokerages that didn’t but it was such a small percentage I didn’t look.