Robinhood's payment for order flow numbers reveal money-making

Robinhood is known for working with market makers like Citadel to get payments for sending its customers’ trades to them for execution. That, and more frequent trading, means Robinhood generates far more money than established brokers for every dollar in a customer’s account.

Payment for Order Flow (PFOF) and FINRA Rule 5310: A Guide for Online Broker-Dealers

SEC proposal risks brokers' payment for order flow revenue

Robinhood made more than $600 million from payment for order flow revenue in 2020

Robinhood's payment for order flow won't be challenged by the SEC. We're living in Robinhood's world now.

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