Payment for order flow has created a little bit of a frenzy on Wall Street, fueling a debate that the practice is meant to front-run the little guy.
Robinhood has been in the spotlight recently for how payment for order flow affects the people who use its app to place trades — think about what has been going on with GameStop and AMC. Then we have the biggest company that has held a monopoly over order flow, Citadel, run by founder Ken Griffin.
We’ve heard some interesting news clips from Congress and a few misleading headlines that are purposely tricking the retail trader…
In today’s video, we’re going to explain who the payment of order flow benefits, who it doesn’t and how to avoid being manipulated by it all.