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The zero commission brokers typically make most of their revenue on net interest margin. PFOF is a smaller portion.
by loeg 2y ago
The zero commission brokers typically make most of their revenue on net interest margin. PFOF is a smaller portion.
- Scoundreller 2y agosecurities lending doesn’t hurt if your clientele likes heavy short-interest-worthy meme stocks
- loeg 2y agoYeah I'm mostly talking about traditional discount brokerages (Fidelity, Schwab), not Robinhood.