Critics argue the practice creates a conflict of interest situation, whereby brokers are incentivized to send orders to whoever pays the most, which might not necessarily be the best deal for customers.In the first quarter of this year, 59% of revenue came from four market makers, it said....
Payment for order flow practice has drawn heightened scrutiny from Congress, the Securities and Exchange Commission, state regulators, and other regulatory and legislative authorities. Revenue for the year
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2021-07-02 00:00:00.0