Under the "Robinhood" header of this Matt Levine column is a pretty good explanation of payment for order flow:
https://www.bloomberg.com/opinion/articles/2018-10-16/carl-i...
Under the "Robinhood" header of this Matt Levine column is a pretty good explanation of payment for order flow:
https://www.bloomberg.com/opinion/articles/2018-10-16/carl-i...