Payment for order flow (PFOF)

Wikipedia:Payment for order flow (2009)

The New York Stock Exchange opposed its use for years, but in February 2009 it sought permission from the U.S. Securities and Exchange Commission (SEC) to adopt the practice on its electronic exchange(s)

• Bernie Madoff
• Citadel

Payment for order flow revenue list

• Charles Schwab & Ameritrade
• Robinhood
• eTrade
• Webull
• Apex Clearing

Order-flow payments

• Citadel
• Susquehanna
• Virtu
• Wolverine
• Morgan Stanley

See also

• Stockbroker, Robinhood, Citadel, Susquehanna, Webull, IBKR, eToro, Charles Schwab Corporation (Ameritrade), e-trade, NYSE, The Vanguard group, Payment for order flow, Susquehanna International Group, DRW Trading Group
• Stock exchange, DRS, NYSE, NYSE American, Nasdaq, CBOE, CME, Hong Kong Stock Exchange, ICE, VIX, 13F, SEC, DTCC, IPO, LSE, DAX, BME, SZSE, SEHK, List of corporate collapses and scandals, ADX, DFM, IEX, Put option, Call option, SHE, OTC, TSX, SGX, CAC, OSE, SIX, TSE/TYO, FTSE, Bakkt, KRX, Euronext, ASX, Xetra, NSE, S&P, STOXX