PFOF (Payment for order flow) is an order routing scheme (endorsed by Bernie Madoff) that allows market makers to prevent retail trades from being executed on the lit exchange. This currently results in 90-95% of retail trades being executed in “dark pools” (according to SEC Chairman Gary Gensler).
Read more and consider signing the petition to change it at:
https://www.urvin.finance/advocacy/we-the-investors-pfof-sign-on?s=09
Leave a Reply