Why can US brokerages have zero fees?

PFOF (Payment for order flow) Order flow payment (Payment for order flow: PFOF) involves retail brokerage brokers, such as Robin Hood (ticker: HOOD) and TD Ameritrade (has been acquired by Charles Schwab, ticker: SCHW) to sell their customers’ market orders to third parties (represented by Citadel Securities and Virtu Financial), the third party executes these … Continue reading “Why can US brokerages have zero fees?”

Will the social network and fintech change stock investment?

Social network is powerful The rise of social network now allows news of the investment market to spread to all corners of the world in a short period of time. This has also led to the fact that the investment methods of young people now affect the stock market (such as Game Stop (ticker: GME) … Continue reading “Will the social network and fintech change stock investment?”

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