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.

Robinhood Promises Free Trades. Did Alex Kearns Pay With His Life? – Mother Jones

Robinhood Sells Your Data, but Does That Matter? - Blockworks

The World of Payment For Order Flow

How Payment For Order Flow is impacting markets: The Robinhood and Citadel Case – BSIC

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Implicit Commissions. In the institutional trading world…, by Daniel Aisen, Proof Reading

Robinhood payment for order flow myths debunked - Protocol

How Does Robinhood Make Money? - FourWeekMBA

How Robinhood Makes Money - CB Insights Research

What Is Payment for Order Flow? Why Robinhood Cares So Much About PFOF. - Barron's

Payment for Order Flow (PFOF): Explaining the Controversial Trading Practice. - Barron's

Payment for Order Flow: The Conflict That is the Secret to Robinhood's Success

Breaking Down the Payment for Order Flow Debate

Breaking Down the Payment for Order Flow Debate

What Is Payment for Order Flow? Why Robinhood Cares So Much About PFOF. - Barron's