WESTLAKE, Texas--(BUSINESS WIRE)--Schwab today announced the launch of thinkorswim Guest Pass, a program that provides 30-day trial access to the thinkorswim trading platform suite without the need ...

The U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) have been busy of late in efforts to address alleged compliance issues associated with payment ...

High Frequency Traders (HFTs) like Citadel are catching considerable flack in the wake of the GameStop phenom. HFTs are blamed for adding an unnecessary cost, payments for order flow, to retail ...

Robinhood has sounded the alarm to investors about potential risks to its business model related to increased regulatory scrutiny of cryptocurrencies and payment for order flow (PFOF), a payment ...

Doug Cifu, chief executive of Virtu Financial, the market maker, broker and technology provider, defended payment for order flow as retail investors receive price improvement and the business model ...

There’s no such thing as a free lunch. You’ve likely heard this adage about how you can’t get something for nothing. Yet, some “free” things really do feel free. Ever signed up for a “free” trial?

Payment for order flow is the money brokerage firms make by sending trade orders to high-frequency traders or market makers. When an individual investor places a trade, the brokerage firm sends the ...