Since March 2024, Article 39a of the Markets in Financial Instruments Regulation (MiFIR) prohibits investment firms acting on behalf of retail clients and “opt-in” professional clients from receiving ...

A father nearing retirement had been trading options as a supplement to his pension for several years, using an app he picked because it advertised itself as commission-free. His son, who works in ...

“Payment for order flow enables commission-free trading,” said Robinhood chief executive Vlad Tenev during Congressional testimony in February 2021 following the Gamestop debacle. While everyday ...

Fidelity Investments has begun accepting payments for its stock orders, reversing a decision to go against many of its peers in a practice that has revolutionized the trading world. The Boston-based ...

Much of the political attention on Thursday has focused on Robinhood’s use of payment for order flow, the system that supports the ability of brokers to offer free commissions. When brokers don’t ...

The regulatory body confirmed that it “will set out any proposals for changes in due course”; news comes as the EU is set to enforce a full-scale ban of the practice on 30 June 2026. The Financial ...

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is issuing a public statement to remind firms that the receipt of payment for order flow (PFOF) raises ...

The UK's financial regulator will be reviewing its approach as payment for order flow explodes in the USPhoto: Hollie Adams/Bloomberg/Getty Images ...