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by WalterGR
1701 days ago
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Payment for order flow (PFOF) is the compensation, as much as 1 penny per share, that a stockbroker receives from a market maker in exchange for the broker routing its clients' trades to that market maker. It is a controversial practice that has been called a "kickback". https://en.m.wikipedia.org/wiki/Payment_for_order_flow |
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