Hedge Funds Are USING YOU!! Here's How! (Ep 215)
Coin Bureau
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Payment for Orderflow - A Business Practice That Is Banned in the Uk
In the first quarter of this year, almost 60 % of all its revenue came from four market makers. These were citadel securities, wolverine global execution brokers and virtue. Now if you are wondering whether that is a massive conflict of interest, you would be correct. Despite these conflicts of interest, ments for orderflow are still allowed in the us. However, brokers are required to fully disclose their use of the method. It can only be used in accordance with seeking the best execution for traders.
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