Citadel Securities forks out $2.6 billion annually for payment for order flow and most of it’s on op

Discussion in 'Wall St. News' started by ajacobson, Apr 20, 2022.

  1. taowave

    taowave

    I find the exact opposite of what you say one shoud not do regarding day trading/scalping options..

    There is a way to profit from PFOF.





     
    #11     Apr 20, 2022
  2. [​IMG]
     
    #12     Apr 20, 2022
    taowave likes this.
  3. TheDawn

    TheDawn

    Oh really what less transparent and inefficient alternatives? Like central exchanges and open order books? Thanks for the caution.
     
    #13     Apr 21, 2022
    Occam and cruisecontrol like this.
  4. pfofshills.png
     
    #14     Apr 21, 2022
    eastern_warrior likes this.
  5. %%
    I WOULD not assume options + options bid\ ask are the worst deal just because Citadel Secutities + most of market makers make the most money , by far\on those.............................................................................................................LOL
    But my own P& L on them , IBKR exit on that market on them +decay may make a difference also/LOL:D:D
    HOOD massive PFOF + SEC fine may have hurt thier stock price.
    Citadel Group actually urged the SEC to ban PFOF in 2004, but its been so long from that comment, maybe the SEC should leave well enough alone.......................................[ FEB 16\2021 Better Markets 501[c] [3] article
     
    #15     Apr 21, 2022