Posts Tagged ‘no-fee trading’
Don’t Chase the Bus
“Never run after a bus or a stock. Just be patient — the next one will come along for sure.” André Kostolany André Kostolany was a Hungarian-born stockbroker who prospered during the reconstruction of Germany after WWII. He was known for his pithy insights into investors’ behavior, and his pragmatic understanding of the equity…
Read MorePayment for Order Flow –What is it, who does it, why it matters
The SEC defines payment for order flow (PFOF) as “a method of transferring some of the trading profits from market making to the brokers that route customer orders to specialists for execution.” This practice has been in the news lately, in part because of the recent scrutiny of trading practices at Robinhood – a firm…
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