There’s no such thing as a free lunch. You’ve likely heard this adage about how you can’t get something for nothing. Yet, some “free” things really do feel free. Ever signed up for a “free” trial?

Robinhood, the uber-popular brokerage, helped usher in a new era of commission-free trading. It pushed established financial institutions, such as Charles Schwab and Fidelity, to follow suit. Sadly, ...

Payment for order flow (where market makers pay brokers to route orders for execution) and the duty of best execution (which requires a broker to seek the most favorable terms reasonably available for ...

SEC Chairman Gary Gensler has expressed concern that payment for order flow may create conflicts of interest for online trading apps and has hinted the agency may consider ending it. A leading Capitol ...

Trading app Public stopped using payment for order flow and now says it's better for it. Some retail traders have petitioned for a ban on the practice, and regulators are considering it. In several ...

The clearing firm powering SoFi, Webull and other fintechs has been quietly building a marketplace for matching customer orders. The "auction" process, as the CEO of Apex Clearing describes it, would ...

(Bloomberg) -- The US Securities and Exchange Commission will stop short of banning payment for order flow, a controversial way to process retail stock trades, as it proposes new rules for the $48 ...