AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Smart Money: If you don't know who the patsy is, you're the patsy
Many Happy Returns
Payment for Order Flow
The SEC are reviewing the rules and are proposing new rules right now. The idea is that they want to reopen the market up to competition. Citadel, Vertu Americas, Jane Street Capital and G1 execution services have a monopoly on Robin Hood customers. But institutions some of them you big mutual funds and your pension funds are not actually that happy with this situation.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode