Both PFOF and HFT are good for the little guy and neutral to negative for the big traders. https://www.kalzumeus.com/2019/6/26/how-brokerages-make-money/ https

Both PFOF and HFT are good for the little guy and neutral to negative for the big traders. https://www.kalzumeus.com/2019/6/26/how-brokerages-make-money/ https://www.kalzumeus.com/2019/6/26/how-brokerages-make-mone... https://www.chrisstucchio.com/blog/2012/hft_apology.html https://www.chrisstucchio.com/blog/2012/hft_apology.html